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From: Douglas Grandt answerthecall@me.

com
Subject:Re: This is my final request of you to initiate W.E.C.A.R.E energy policy - $40 oil
Date:November 11, 2018 at 2:22 PM
To:Brian Hughes (Senate ENR-R) Brian_Hughes@energy.senate.gov, Melissa Enriquez (Senate ENR-R)
Melissa_Enriquez@energy.senate.gov, Suzanne Cunningham (Senate ENR-R) Suzanne_Cunningham@energy.senate.gov
Cc: Scott McKee (Senate ENR-D) Scott_McKee@energy.senate.gov, Megan Thompson (Sen. Cantwell)
Megan_Thompson@Cantwell.senate.gov, Katie Thomas (Sen.Sanders) katie_thomas@sanders.senate.gov,
U. S. Senator Bernie Sanders senator@sanders.senate.gov

Dear Honorable Lisa Murkowski, Chairman, Energy & Natural Resources Committee:

One of two final supporting arguments contraindicating your turning a blind eye to imminent Oil & Gas catastrophe.

CNBC’s headline "Cramer predicts US oil as low as $40 per barrel as bear market hits” on Thursday underscores the
need to do something comprehensive and responsible in order to defend and protect We the People from the imminent
financial collapse that could occur from low oil prices, or high oil prices, or any geo-political disturbance … anything
imaginable could trigger the crisis that I have feared and warned warned you the past four years.

Cramer predicts US oil as low as $40 per barrel as bear market hits
U.S. oil prices are in a "ferocious" bear market, and crude could fall to as low as $40 per barrel,
CNBC's Jim Cramer said Thursday.
"Oil is collapsing guys. It's collapsing," Cramer said on "Squawk on the Street." Asked if prices
could fall to $50 per barrel, Cramer said, "I could make a case for the $40s here. I'm not
kidding."
The "Mad Money" host did not provide a timeline for his case.
Oil was lingering near multimonth lows on Thursday morning, with the American benchmark
West Texas Intermediate crude dropping to around $61 per barrel.
Record U.S. crude production and signals from Iraq, the United Arab Emiratesand Indonesia
that output will grow more quickly than expected in 2019 were pressuring oil prices.
"Demand is slowing for oil and we're pumping like mad," Cramer said Thursday.
Oil demand is still expected to rise next year, but forecasters now expect less robust growth in
global crude consumption due to economic concerns fueled by trade tensions and currency
weakness in emerging markets.
Cramer said Monday that rosy outlooks from major oil companies Exxon Mobil, Chevron and BP
do not reflect the economic reality. He said investors betting on those companies may be
making a "bad call."
That same day President Donald Trump announced that the U.S. would once again impose
sanctions on Iran's energy sector.
"You'd think that the price of oil would be soaring," following news of the sanctions, Cramer said
at the time. "But instead it actually closed down on the day."
Doug Grandt

Putney VT

On Nov 10, 2018, at 4:25 PM, Douglas Grandt <answerthecall@me.com> wrote:

ENR Chairman Lisa Murkowski,

In view of the recent election results, you are still in control
of the Senate Energy & Natural Resources Committee.
.

You have done nothing to defend and protect Americans
against the collapse of Oil & Gas resulting from insolvency
and debt default that will imminently result from any least-
suspected trigger collapsing the house of cards they have
created for corporate survival with Financial Engineering.
.

Please initiate truly non-partisan comprehensive legislation
based on factual testimony by the CEOs, CFOs and COOs
to ensure that they will act in the Public Interest &
National Interest as they exercise Fiduciary Duty in the
face of their imminent demise. Based on current price-
earnings ratios, outstanding shares, debt obligations,
dismantling and detox “final expenses," winding down the
industry will take several decades. You must plan for a well-
managed, just endgame.
.

America and the entire global community are counting on
you to act responsibly.
.

W.E.C.A.R.E.
for
World Energy Crisis Aversion
&
Readiness Endgame