VOL. XXXIV

NO. 21

25-FEBRUARY-1991

Supply/Demand

US Energy Plan Stresses Increasing Energy Production

President George Bush announced on 20 February a National Energy Strategy (NES)with far reaching proposals to increase domestic energy production and reducedependence on imported oil. He said that the aim of NES was to improveproduction and encourage conservation, while ensuring continued economic growth.He emphasized reliance on a market-based system to meet energy demand, and onincreasing energy...