Nation: The Only Abomination In Town

That's the endless gas battle "I never thought," said Senator Russell Long, in an appropriate tone of disbelief, "the conferees could take a House bill favored by the consumers, and a Senate bill favored by the producers, and work out a fiasco opposed by both. But they have clearly succeeded in doing so."

The object of Long's contempt and ridicule was the celebrated "compromise" on deregulation of natural gas, which emerged from a Senate-House committee three weeks ago and seemed to herald the passage of Carter's long-stalled energy bill. That, in turn, seemed to permit Carter to take off for...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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