If there is any broad consensus in the U.S. on energy policy, it is that the nation must cut back on fuel consumption and reduce its dependence on foreign oil. But voluntarism has failed. How, then, should the power of Government be used in a large democracy to make citizens consume less energy? President Ford's package of tariffs and taxes is aimed at raising the prices of gasoline, heating oil and other petroleum products in the hope that the market mechanism will yield a reduction in demand. Ford's complex, costly and contentious...
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