Praying at the Pump

ONCE again, the price of oil is making Americans nervous. After falling by more than one-third since peaking above $75 per barrel last summer, the price has rebounded to $58 with the re-emergence of cold weather and news of a production cut by OPEC. As Congress and President Bush face off over energy policy, we should reaffirm a few basic principles. A very important one is that our most critical goal in enhancing our energy security is to maintain a stable price for oil.

When we talk about energy


This is why energy policy statements frequently begin with the goal of