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To: Sonny McWilliams who wrote (26459)	9/12/2000 10:18:36 AM
From: William Hunt	Read Replies (2) \| Respond to of 27012

Sonny ---Good Morning ----Sunny back here in the east . Some thoughts on the oil issue : 1)OPEC is not shipping the oil and they are behind the speculation in the market place making a win fall either way . Prices are going up ---make money ----dump oil on the market ---short energy prices ---does not sound that far fetch 2) OPEC plays around with the supply and let's the Industrialized nations have a cold winter with no heating oil ---would be the best thing that ever happen to us ---would force who ever is President to resolved the issue . 3)Their is no oil shortage ---as prices go up the less developed countries cannot afford it so their is more supply in the market place thus the prices are being artificially inflated much like the silver issue in 1980 ---will come crashing down Any of the above could be taken place at present ---I do not believed the world is using that much energy especially since the US has cut it energy usage in half over the last fifteenth years . I still cannot believed Bush is not hammering Gore over this issue ---big time . If Gore is elected he will raise gas taxes to the levels very much like Europe in order to reduce consumption instead of developing a new fuel source . BEST WISHES BILL PS --- The reason the market is being hammered is that it went up on light volume in August and the shorts were taken their position to hammer it before options expiration on Friday this week . After that the big boys will come back in and say everything is okay ---lets have a Fall rally ---just my two cents .