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Douglas Grandt answerthecall@me.com

Today is yet another validation of my concerns. Call oil CEOs to testify!
January 15, 2016 at 1:00 PM
Edward Hild (Sen. Murkowski) Edward_Hild@murkowski.senate.gov, David Cleary (Sen. Alexander)
David_Cleary@alexander.senate.gov, Dan Kunsman (Sen. Barrasso) Dan_Kunsman@barrasso.senate.gov,
Joel Brubaker (Sen. Capito) Joel_Brubaker@capito.senate.gov, James Quinn (Sen. Cassidy) James_Quinn@cassidy.senate.gov,
Jason Thielman (Sen. Daines) Jason_Thielman@daines.senate.gov, Chandler Morse (Sen. Flake)
Chandler_Morse@flake.senate.gov, Chris Hansen (Sen. Gardner) Chris_Hansen@gardner.senate.gov,
Ryan Bernstein (Sen. Hoeven) Ryan_Bernstein@hoeven.senate.gov, Boyd Matheson (Sen. Lee) Boyd_Matheson@lee.senate.gov
, Mark Isakowitz (Sen. Portman) Mark_Isakowitz@portman.senate.gov, John Sandy (Sen. Risch) John_Sandy@risch.senate.gov,
Travis Lumpkin (Sen. Cantwell) Travis_Lumpkin@cantwell.senate.gov, Jeff Lomonaco (Sen. Franken)
Jeff_Lomonaco@franken.senate.gov, Joe Britton (Sen. Heinrich) Joe_Britton@heinrich.senate.gov, Betsy Lin (Sen. Hirono)
Betsy_Lin@hirono.senate.gov, Patrick Hayes (Sen. Manchin) Patrick_Hayes@manchin.senate.gov,
Bill Sweeney (Sen. Stabenow) Bill_Sweeney@stabenow.senate.gov, Mindy Myers (Sen. Warren)
Mindy_Myers@warren.senate.gov, Jeff Michels (Sen. Wyden) Jeff_Michels@wyden.senate.gov,
Michaeleen Crowell (Sen. Sanders) Michaeleen_Crowell@sanders.senate.gov, Kay Rand (Sen. King) Kay_Rand@king.senate.gov
, Joe Hack (Sen. Fischer) Joe_Hack@fischer.senate.gov, Derrick Morgan (Sen. Sasse) Derrick_Morgan@sasse.senate.gov,
Karen Billups (Senate ENR Ctee) Karen_Billups@energy.senate.gov, Colin Hayes (Senate ENR Ctee)
Colin_Hayes@energy.senate.gov, Angela Becker-Dippmann (Senate ENR Ctee) Angela_Becker-Dippmann@energy.senate.gov
Cc: Jordan Cox (Sen. Fischer) Jordan_Cox@fischer.senate.gov, Ginger Willson (Sen. Sasse) Ginger_Willson@sasse.senate.gov,
Ali Aafedt (Sen. Hoeven) Alexis_Aafedt@hoeven.senate.gov

Dear Chiefs of Staff of the Senate Energy & Natural Resources Committee (ENR) and the Nebraska Senate Delegation,
Please read today's NBC News report (attached). Why has none of you responded to my 24 previous emails, let alone the 21
physical letters sent to the Senators to whom you report. You are their Chiefs of Staff and presumably have a responsibility to
convey critical public concerns to them, especially issues of National Securityeven from "non-constituents."
This is outrageous! Only one of you has responded the Senator is not interested in this, he is interested in nuclear energy.
The attached NBC News report validates my fear that petroleum production companies will go belly up precipitously, leaving
refineries with less feedstock, and the American public with less diesel, gasoline, kerosene, fuel oil, and other liquid fuels. The
bottom line as I see it, is a collapse of petroleum equities, a general downward market panic, and devastating declines in the
economic health of the nation, individual retirement funds, pensions and superannuationsin short, mayhem in America.
If what The Hill reported January 10 is true, I believe ENR is not operating in the Public Interest, let alone the National Interest.
Please request Senator Murkowski to call for testimony and assurances that CEOs will act in the Public and National Interest
when there is a conflict with their fiduciary duty. As part of an energy policy, ENR should compel them to act in our best interest.
Sincerely,
Doug Grandt

Oil Prices Drive Stocks Rout: Dow Briefly Dives More Than 500 Points
by Mike Brunker and Associated Press | Jan 15 2016, 1:30 PM ET | Bit.ly/NBC15Jan16
A fresh plunge in oil prices after a one-day rally sent U.S. stock markets sharply lower on Friday, with the Dow Jones industrial
average briefly declining more than 500 points before recovering slightly.
At 1 p.m. ET, the Dow was down 456.41 points, or 2.79 percent; the Standard & Poor's 500 index was off 53.12 points, or 2.76
percent, and the Nasdaq Composite Index was 162 points in the red, or 3.56 percent.
The Dow and S&P 500 have now fallen about 8 percent this year, while the Nasdaq is off more than 10 percent.
Oil prices, which provided the markets with a respite by rallying on Thursday, was again the catalyst for sellers on Friday, as fears
grew that Iranian oil would add to the worldwide glut.
An International Atomic Energy Agency report verifying whether Iran has kept its promises under a nuclear deal reached last year
with world powers is likely to be issued on Saturday, paving the way for sanctions relief and the widespread resumption of Iranian
oil shipments, a diplomatic source told Reuters on Friday. Iranian and other officials had previously said they expected the report
to come out on Friday.
Bracing for the decision, traders drove the price of crude oil down past the sybolically important $30 a barrel level. Benchmark
U.S. crude fell fell $2.01 to $29.19 per barrel, a 6.4 percent loss, after hitting a contract low of $29.13, its lowest since November
2003. Brent crude futures for March delivery fell $1.94 to $28.94 a barrel, a 6.3 percent loss, by 12:41 p.m. ET, after touching a
session low of $28.82, the lowest since February 2004.
The steep slump in crude from over $100 a barrel in the summer of 2014 has eviscerated energy company profits and made it
much harder for them to pay off their debts.
Weaker than expected U.S. retail sales for December also exerted downward pressure on the markets. The Commerce
Department reported Friday that sales declined 0.1 percent for the month, as warm weather hurt winter clothing sales and cheap
gas undercut gas station revenue.
The National Retail Federation also reported disappointing holiday sales. Sales rose 3 percent in November and December to
about $626.14 billion, it said, well below its forecast for a 3.7 percent gain. The shortfall came even as stores aggressively
pushed discounts throughout the season.
And the Federal Reserve reported that U.S. industrial production, which includes manufacturing, mining and utilities, dropped in
December for the third month in a row.
Investors also were spooked by expectations of disappointing earnings reports for companies hit by plunging oil prices, and
indications that China will report its weakest full-year growth figure in 25 years on Tuesday.
Economists said the expansion of the Chinese economy was held back by sluggish domestic and external demand, weak
investments, factory overcapacity and high property inventories, which exacerbated deflationary pressures in the economy.
The U.S. markets' down day continued a rout that began when Shanghai Composite Index finished down 3.6 percent, sliding to
its lowest close since Dec. 8, 2014.
Stocks opened higher in Europe but quickly fell. Germany's DAX lost 3.1 percent, while France's CAC 40 dropped 2.9 percent.
Britain's FTSE 100 dropped 2.4 percent.