From: Douglas Grandt answerthecall@me.

com
Subject: How long will it take low prices to collapse the Oil & Gas Industry?
Date: May 10, 2017 at 6:37 PM
To: Scott Fairchild (Sen. CortezMasto) Scott_Fairchild@CortezMasto.senate.gov

Dear Scott Fairchild,

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Last Thursday, I visited your office and delivered the attached one-page Twenty-one
Questions That Need To Be Addressed By The Senate Committee on Energy and
Natural Resources dated May 4, one copy for you and one for Senator Cortez Masto.
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The original purpose of this email was to follow-up and implore you to respond YAY or
NAY as to whether you and Senator Cortez Masto actually read through the list of
questions, and encourage you to reply with your thoughts.
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Yesterday, the Oil&Gas Journal published EIA: World liquid fuels supply growth
forecast higher in latest STEO (Bit.ly/OGJ9May17). Their assessment of the U.S.
Energy Information Administration (EIA) latest Short-Term Energy Outlook (STEO)
adds urgency to my concern that there should be governmental oversight to Oil & Gas
producers and refiners as they face an uncertain economic future with plausible debt
default, insolvency and bankruptcy.
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Will the Oil & Gas industry behave in the Public Interest and National Interest as it
exercises its fiduciary duty in their attempts to remain viable businesses?
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Please read the article and my May 4 list of 21 questions, and please respond.
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Do you agree we must assure the industry acts in the Public and National Interest?
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Sincerely yours,
Doug Grandt
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