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To: GVTucker who wrote (123418)	12/20/2000 8:30:42 AM
From: William Hunt	Respond to of 186894

GVTucker ---Good Morning ---Opec has the option to stay as a cartel or fend for themselves . The last year and a half they have done a better job of manipulating the price of oil in their favor and they do have the option of tighten the spigot at present . The real issue is if the new administration really wants to do something for the good of the country ---both oil wise and electrical ---we need an energy policy that makes us less dependent upon the rest of the world and decrease our trade balance dramatically . If a national policy to develop hydrogen ( whether with government involvement or tax credits ) was push as a high priority we might be able to break this cycle and help reduce the pollution issues at the same time . Until we do something we are at the mercy of OPEC . A shortage of liquidity causes the cost of buying technology to go up thus causing productivity to go down . If this is not the case why is productivity dropping ? Also why are the earnings of the tech companies dropping through the floor ? The only major issue that has change in the economy since last year is liquidity and interest rates . BEST WISHES BILL