From: Douglas Grandt answerthecall@me.

com
Subject: Pleased to meet you on Friday ("drop by" visit)
Date: April 17, 2018 at 3:21 PM
To: Megan Thompson (Sen. Cantwell) Megan_Thompson@Cantwell.senate.gov
Cc: Travis Lumpkin (Sen. Cantwell) Travis_Lumpkin@cantwell.senate.gov, Michaeleen Crowell (Sen. Sanders)
Michaeleen_Crowell@sanders.senate.gov, Katie Thomas katie_thomas@sanders.senate.gov

Dear Megan,

So glad we were able to meet briefly and connect on a few mutual ideas. I hope Sen. Cantwell gets my message.

I am especially happy to know that you and Scott McKee collaborate on ENR issues important to me, as well.

As you probably understand by now, I have been writing to members of the Senate Energy and Natural Resources
Ctee. for quite a while with the intention of compelling ENR Chairman Murkowski and the ENR to reconsider S.1460
content, and add an amendment to protect and defend Americans and the worldwide community against disastrous
financial failure of the global petroleum industry. I envision us compelling ExxonMobil, Chevron and other U.S.
companies to take the lead in developing an endgame strategy in anticipation of a forced winding down of production
and refining.

As I may have mentioned, other than Tammy Duckworth, none of the ENR members has responded or even
acknowledged my three dozen letters and several dozen emails over the past three years while S.2012 was in the
works and evolved to be S1460. I have been told that I must be a constituent or belong to a group if I hope to meet with
this group of 23 Senators.

Last week, my persistence paid off, and I met with Scott McKee as well as Sen. Murkowski’s ENR staff, Sen. Sander’s
staff, and you. Democratic staff understood and validated my concerns, but the Republican staff seemed dismissive and
suggested I address my concerns to other House and Senate Committees. It seems that persistently “being there” is
another strategy.

So, huge thanks to you and the other Democrats. I am happy to finally be talking with real live policy makers.

This is my primary concern: Unless we manage oil & gas companies, forcing them to plan and implement a
responsible endgame, there could be a serious gap between supply and demand, which would result in failure to
transport groceries and supply-chain materials for manufacturing. Our economy and society could spiral out of control
and collapse in chaos.

We need to make the oil and gas industry march to our drummer, on our time line, in our best interests.

MY ASK HAS BEEN AND CONTINUES TO BE THAT CEOS OF EXXON MOBIL ET AL. TESTIFY BEFORE ENR.

THEY MUST ANSWER THE QUESTION: HOW WILL YOU ACT IN THE NATIONAL AND PUBLIC INTEREST AS
YOU EXERCISE FIDUCIARY DUTY IN THE FACE OF DEBT DEFAULT, INSOLVENCY AND BANKRUPTCY?

The bottom line is, I fear oil & gas production and petroleum refining companies will soon face debt default,
insolvency and bankruptcy, similar to the 30% of drilling companies who went belly up two years ago.

You probably understand how low prices or possibly an aggressive and effective carbon price could drive refineries out
of business, especially when their debt has risen nearly ten-fold, as is the case with ExxonMobil (my first employer
during the 1970s). My fear is that EVs, solar electricity, carbon tax and all the right reasons for oil to decline, will drive
the Boards of Directors to exercise FIDUCIARY DUTY in total contradiction of the NATIONAL and PUBLIC INTEREST,
shutting down unprofitable operations prematurely, before we have adequately shifted away from fossil fuels (diesel,
kerosene, gasoline, propane, bunker C, etc.).

I will be happy to send you copies of select emails from the recent past which explain repetitively this message.

Attached are digital versions of the three documents that I handed you last week, in case you would like to forward any
of all fof them. if you think others might want to see these or edited versions, please feel free to forward or suggest edits.

As FYI, I am copying Travis Lumpkin and Sen. Senator’s staff so they are aware of my persistence on this matter.

Again, I hope Sen. Cantwell gets my message.

Best regards,
Doug Grandt
Putney VY
510-432-1452
1 B&W Synopsis
- ENR…18.pdf