Wasted Energy

October 1977
National Review;10/28/1977, Vol. 29 Issue 42, p1220
The article comments on the proposed energy saving plan of the administration of U.S. President Jimmy Carter. The U.S. Senate passed the Bentsen-Pearson amendment to deregulate the price of new natural gas. Carter's plan has been thoroughly criticized by the U.S. General Accounting Office, the U.S. Library of Congress, the U.S. Office of Technology Assessment, and the U.S. Congressional Budget Office. Experts at the Energy Research and Development Agency and at the U.S. Geological Survey were suspiciously laid off, after estimating that the nation would be awash with natural gas if prices were decontrolled. The President's claim that decontrolling natural gas prices would cost consumers $10 billion a year is even more misleading.


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