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To: Kenneth V. McNutt who wrote (43587)	11/17/2000 12:11:54 PM
From: JRI	Read Replies (1) \| Respond to of 77400

OT The problem right now is Hugo Chavez in Venezuela. Historically, Venezuela was among the big cheaters in OPEC....they bit on the "prisoners dilemma" every time. Before he came into power 1 1/2 years ago, Venezuela has an explicit policy to produce as much as they could...this made a mockery of any OPEC agreements, and forced the "prisoners dilemma" among other partners in OPEC... Chavez is unorthodox, but it is hard to argue with his success in keeping the price of oil high..There is a new discipline within OPEC..This bears some watching, for this issue could be with us for years (Chavez just elected to 6 year term)...Cheney, I think, we'll help...because he/Bush WILL push for breaks for domestic drillers, etc....that will cause some concern for OPEC, and hopefully, will make them question their high $ barrel agreement. Unfortunately, however, it may take a near-recession in Europe, and slower growth/usage here to scare them in producing more...this is not your daddy's OPEC... I don't think alternative fuels will get as much promotion under Bush/Cheney as they would under Gore (no matter where $ price of oil goes)...In fact, I wouldn't expect much at all....I do think we'll see a lot more domestic drilling, breaks for drillers..that's probably a pretty good thing, though...we need to be less reliant on overseas oil-even if it means producing more oil here vs. developing alternative sources...

To: Kenneth V. McNutt who wrote (43587)	11/17/2000 12:53:49 PM
From: Tulvio Durand	Read Replies (1) \| Respond to of 77400

...A study done by researchers at, I believe, the University of Arizona shows the United States Of America as net users of CO2, a plant fertilizer, because of our vast forests and crop lands. So much for Kyoto, if true. I would greatly appreciate it if you could produce reference for this. Tulvio

To: Kenneth V. McNutt who wrote (43587)	11/17/2000 12:56:23 PM
From: Eric	Read Replies (1) \| Respond to of 77400

Ken The U of A study doesn't look right with the numbers. Fertilizer is usually derived from ammonia or hydrocarbons which eats a lot of oil. Your right that oil is a precious feed stock for a lot of petro chemicals, plastics ect. Airplanes and ships need concentrated energy sources to operate but we sure don't need it to heat the majority of homes. Right now I'm working on putting in an earth coupled heat pump which extracts about 4.25 watts of heat out of the ground for every 1 watt of electricity consumed from the utility. The technology has been around for years and is used a lot in Europe and now Canada is pushing it to solve some of their problems with energy consumption. Our family has a 2700sq ft home in the San Juan islands of Washington state that runs entirely on solar. It's very comfortable and that's with 10 year old technology! We have TV, microwave and all the comforts of home. There is no power or phone service to the island. It can be done. Eric P.S. To give you an idea how much energy is available, noon day sun falling on 1 square meter is equivalent to 1 kilowatt! That's a lot of energy falling on earth!