...Most of the focus in Katrina's wake has been on oil prices, one reason the Bush administration has waived some fuel emission standards and released oil from the Strategic Petroleum Reserve. But just as worrisome to America's economic health are rising natural gas prices. Even before Katrina, the Energy Information Administration was projecting natural gas prices of $10.50 per MMBtu. As recently as 1992, prices were about $3.50. Fortunately, America has extraordinary reserves of natural gas located right off its coasts. Unfortunately, the environmental lobby has helped maintain a federal moratorium that puts 85% of what is known as the...