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To: pat pasquale who wrote (7729)	3/11/1999 8:16:00 PM
From: JHR	Respond to of 14427

Gas prices just jumped 6 cents in Austin over the last two days so I guess the price increase is being passed on pretty quickly. Maybe the airlines are put material here. Depends whether March 23 meeting doesn't disappoint The oil and drillers sectors are hard to forcast with all the mumbo jumbo of lost inventories and over estimating and depending on a previously irrational group to make a favorable decision. I'm starting to reenter but keeping my finger on the trigger this time.