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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Gary Burton who wrote (37876)	2/20/1999 12:34:00 AM
From: Jamey	Respond to of 95453

We have the Governor and two US Senators up in arms against Clinton and Energy Secretary Bill Richardson. Sens. Don Nickles and Jim Inholf of Oklahoma have set a meeting fir next Wednesday in D.C. with the Foreign Relations Comittee and Natural Resources Commitee. They are hot about the administrations policy toward Iraqi oil production as it appears we are rewarding Saddam for his agression by letting him flood the market with all of the oil that they can pump each day. Niclols said"The administration needs to explain to us why this policy is good for America, or change it now." Inholf's written statement said, "We must reexamine policies which are destroying jobs here at home while making the nation more vulnerable to political and economic turbulance overseas." On Thursday, the House Ways and Means Committee will conduct a separate hearing on economic consequences and national security implications of low oil prices. Both Nickels and Inholf are senior Senators and carry a great deal of weight in D.C. Maybe we will hear some good news come out of Washington in the next few days. Santiago