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To: William Hunt who wrote (128514)2/28/2001 9:49:46 AM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
William, RE: Well the CPI for 1999 was 2.7% and 2000 was 3.5% ----- the increase due mainly to oil prices which the last time I check they have no control over .

In 1999 the core CPI (ex food and energy) rose 2.0%. In 2000 the core CPI rose 2.5%. A decent part of the increase in last year's CPI had nothing to do with energy.

In January, the core CPI rose at an annual rate of 3.7%.

Inflation has been increasing for 2 years now; energy is only a piece of the puzzle.



To: William Hunt who wrote (128514)2/28/2001 1:58:05 PM
From: Randy Ellingson  Respond to of 186894
 
PS If Congress really wanted to have a long term effect on people's life they would work with Bush on truly developing a national energy policy . The environment is important but it is fact of life that we require energy resources to make the economy work.

homepower.com

I found this article on energy interesting, and somewhat enlightening. Then again, I believe much of the content and would much prefer a dramatically increased effort to develop so-called renewable energy technologies.