Former Clinton CEQ Chief Says High Fuel Prices May Help Alternative Fuels

Katie McGinty, the former Clinton White House environment chief, is urging federal government officials to resist tampering with rising gasoline and energy prices, arguing that high fuel prices will encourage investments in alternative energy supplies which is good for the environment. McGinty's sentiment was echoed by an oil industry official who said increased profits will ensure investments in the nation's long-term energy needs. McGinty, who advised energy companies after leaving the White House, said that unless "gasoline is more expensive...