A Letter From The Publisher, Jan. 21, 1974

"The pace of stories in the energy field used to be almost leisurely," recalls Correspondent Sam Iker, whose reporting on Federal Energy Office Chief William Simon forms the nucleus of this week's cover story. As TIME'S resident expert in Washington on environment and energy stories since 1971, Iker has covered the gradual escalation of fuel-oil crunches, gasoline pinches, allocation battles and embargoes, and watched the subject of energy explode from a neglected issue into a vast and complex national crisis. "The intricacies of the oil business alone are mind-boggling," he points out, "not to mention the nuclear power situation, natural gas...

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