The View From Washington: Bush's Energy (Oil) Policy

There wasn't a lot of tension at Spencer Abraham's confirmation hearing last week. George W. Bush's pick to head the Energy Department is a shoo-in. But one uncomfortable moment came when Abraham refused to say what the new Administration would do about California's electricity crisis. That prompted Frank Murkowski, chairman of the Energy and Natural Resources Committee, to growl, "You better have some answers."

What will Bush do to keep the lights on? He doesn't have a lot of options. Last week he ruled out new federal controls on wholesale electricity prices, which Governor Gray Davis had proposed as a way...

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!