The continuing Washington stalemate over energy policy resembles nothing quite so much as a soap opera: at the end of each episode, events swirl toward a grand denouement only to emerge in the next episode as tangled as ever, with nothing really resolved. Last week, after battling through their third showdown in two months over petroleum prices, the White House and Congress found themselves still caught in a deadlock that raises serious questions about how far and how fast oil prices will be allowed to rise, how the U.S. will reduce its dependence on foreign oil, if it does...
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