President Bush is considering whether to lift the 17-year-old moratorium on energy drilling in the waters off southwestern Alaska, a White House spokeswoman said Sunday, which would allow oil and gas companies to try to tap into more than five trillion cubic feet of natural gas that lies beneath rich fishing grounds. (New York Times, Monday)
Government calls the shots.
FEE Timely Classic
Privatization: The Rediscovery of Entrepreneurship by William H. Peterson