Forecast: Gassing Up

High prices are BOOSTING SUPPLIES, which should help ease the nation's energy crunch this summer

Anyone who has paid more than $2 a gal. for gas or pondered an electricity bill lately might doubt that the U.S. energy crunch could be easing. Energy inflation in the past year has hit the economy like a slap in the face, and the sting has lingered. Collectively, we've spent $28.2 billion more on natural gas and electricity in the first quarter of this year than in the same period last year, money we could have used to buy other things that keep an economy going. But as more companies bring fuel supplies and power plants online, the worst of...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!