Business: Getting More Power to the People

WHAT ever became of the great energy shortage? Only a few months ago, headlines sprouted warnings that a pinch on fuel supplies might force winter power blackouts or brownouts, factory shutdowns, possible rationing of oil and natural gas. Now as spring sunshine warms the land, those dark forebodings have either been forgotten or consigned to the list of Great Crises That Never Happened.

In fact, the shortage was not so much averted as postponed. Fuel supplies were adequate only because the General Motors strike and the economic recession limited industrial demand for power, while relatively moderate weather over much of the nation...

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