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To: GVTucker who wrote (110027)	9/15/2000 5:08:36 PM
From: Amy J	Read Replies (2) \| Respond to of 186894

OT (Gas prices) Hi GV, RE: "My guess ....steady prices at current levels until next summer... There is a significant risk of very large spikes in the price of crude oil and natural gas." That sounds rather ominous. Any thoughts on how high of a spike? i.e. what would you guess as the worse-case scenario price? RE: "re-regulating the price of natural gas à la the 1970's." How exactly did they do this in the 70's? Also, do you know what the federal law indicates regarding temperatures? Carter imposed either a 67F or 69F max for public buildings (except hospitals) - do you know which of these two temperatures is the law? Something tells me our office landlord might try to save heat this winter. Fortunately, I can bring a space heater into work if they do this (the landlord pays for the electric bill). I should try to gain weight before the winter - I could use a layer of fat to keep myself warm (I have a high metabolism, which means I can get chilled easily.) Our CEO personally enjoys indoor temperatures at 55 degrees during the winter. I think his nickname should be, "ice man." (Actually, he never imposes his own personal preferences when it comes to the office temperature - and thank goodness too). You know what I noticed? All the women in our company tend to easily get cold, while all the men in our company tend to easily overheat. There should be two thermostats. RE: "There will be too many howls for the government to 'do something'." Do you know what they might try to impose? Thanks for sharing your wisdom. Amy J

To: GVTucker who wrote (110027)	9/16/2000 12:44:50 AM
From: Jim McMannis	Read Replies (3) \| Respond to of 186894

RE"If Gore wins the presidency, as I expect, don't be surprised if you start to hear talk about re-regulating the price of natural gas à la the 1970's. It won't work any better now than it did then, but it won't stop Gore from trying. There will be too many howls for the government to 'do something'. " If Gore wins we can pretty much be guaranteed high oil prices and recession. 1. He won't lower taxes. He might even try to raise them on gasoline to curb consumption. 2. He won't approve any drilling in the Arctic Wildlife refuge and probably not off California and Florida. 3. the markets will be destined to cycle their way through this. I remember well the 2 year bear market caused by the same thing in '73-'74 and the crushing recession that followed. All due at in large part to a failed energy policy. Just like we have now. Clinton has to be glad he's leaving on this one...all he does is beg OPEC and say higher oil prices won't effect the US economy...