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To: JRI who wrote (43583)	11/17/2000 11:15:43 AM
From: JRI	Respond to of 77399

OT Of course, I meant INCREASE production....EOM

To: JRI who wrote (43583)	11/17/2000 11:26:32 AM
From: GVTucker	Respond to of 77399

OK, that's clearer now, thanks. It's definitely JMO, but there's really nothing OPEC can do about the price of crude right now, because they're producing as much as they can. Thus, more effective lobbying won't generate any result.

To: JRI who wrote (43583)	11/17/2000 11:34:38 AM
From: Eric	Read Replies (1) \| Respond to of 77399

JRI Gotta agree! Our energy policy is a disaster because there isn't one. Clinton took over at an incredible time for the oil markets. Desert Storm broke the back of the oil markets when we went to war to defend the critical oil producers. That broke the back for oil prices and we cycled down to new lows in the 90's. But we all knew that would be short lived because demand is growing so fast. Bush, Cheney can turn that around for a few years but demand around the world is growing so fast that we will be in a scenerio of increasing prices for as far as I can see. The sad thing is we should be working on alternative sources for energy. We could displace about 1/2 our oil consumption with these new technologys. It's crazy to be burning oil and gas to heat our homes when there are other sources that are much more efficient and totally clean from an environmental point. We are so hooked on oil that we have our blinders on. The solutions are here. We should be exploiting our engineering talents and export these solutions to the world making us money in the process. Instead of giving billions and billions to other countries for oil we could turn most of that situation around and help the world in the process. It's a subject that I've studied for years with some of my engineering friends and the problems are few to solve. It just takes direction. I voted for Bush but I don't think he understands the problem or the solution. We can only hope! Eric