부산대학교 도서관

Faith in the free market rather than federal action is President Reagan's solution to the energy situation. The emphasis on undoing regulations has not been balanced by positive actions yet, but there are indications of activity on the following pending issues: oil shortages, the Strategic Petroleum Reserve, Alaska pipeline, gas deregulation, synthetic-fuels subsidies, nuclear expansion, and coal exports. The market-oriented approach is a radical shift from the crisis orientation of the past three presidents as is the opening of federal lands to energy development. Current policymakers see no need for forecasting since the market should determine future energy mixes and supplies. Energy could be ignored in favor of economic concerns because of a worldwide oil surplus, which critics warn is only temporary. (DCK)