VOL. XXXII

NO. 44

7-AUGUST-1989

AMERICA'S REAL ENERGY CRISIS

by Michael D. Tusiani

(Mr. Tusiani is Chairman and Chief Executive Officer of Poten and Partners,an international oil and gas cargo and ship brokerage firm.)

America faces a new energy crisis. It is not a 1970's-style threat of supplydisruption, but a crisis of attitudes and expectations. America is no longerself-sufficient in energy, and no act of government will change this. We mustlearn to live on imported oil as the rest of the...