8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

1/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Lisa Murkowski, ChairmanCommittee on Senate Energy and Natural Resource709 Hart Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Chairman Murkowski,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

2/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Lamar AlexanderCommittee on Senate Energy and Natural Resource455 Dirksen Senate O!ce Building Washington, DC 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Alexander ,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

3/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator John BarrassoCommittee on Senate Energy and Natural Resource307 Dirksen Senate O!ce Building Washington, DC 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Barrasso,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

4/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Shelley CapitoCommittee on Senate Energy and Natural Resource5 Russell Senate O!ce Building Courtyard Washington, DC 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Capito,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

5/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Bill CassidyCommittee on Senate Energy and Natural Resource703 Hart Senate O!ce Building Washington, DC 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Cassidy, 

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

6/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Steve DainesCommittee on Senate Energy and Natural Resource1 Russell Senate O!ce Building Courtyard Washington, DC 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Daines,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

7/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Jeff FlakeCommittee on Senate Energy and Natural ResourceRussell Senate O!ce Building 368 Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Flake,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

8/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Cory GardinerCommittee on Senate Energy and Natural ResourceDirksen Senate O!ce Building SD-B40B Washington, DC 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Gardiner ,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

9/22

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

10/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Mike LeeCommittee on Senate Energy and Natural Resource316 Hart Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Lee,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

11/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Rob PortmanCommittee on Senate Energy and Natural Resource448 Russell Senate O!ce Building Washington, DC 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Portman,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

12/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator James E. RischCommittee on Senate Energy and Natural Resource483 Russell Senate O!ce Building Washington, DC 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Risch,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

13/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Maria CantwellCommittee on Senate Energy and Natural Resource511 Hart Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Cantwell,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

14/22

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

15/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Martin HeinrichCommittee on Senate Energy and Natural Resource702 Hart Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Heinrich,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

16/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Mazie HironoCommittee on Senate Energy and Natural Resource330 Hart Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Hirono,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

17/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Joe ManchinCommittee on Senate Energy and Natural Resource306 Hart Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Manchin,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

18/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Debbie StabenowCommittee on Senate Energy and Natural Resource731 Hart Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Stabenow,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

19/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Elizabeth WarrenCommittee on Senate Energy and Natural Resource317 Hart Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Warren,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

20/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Ron WydenCommittee on Senate Energy and Natural Resource221 Dirksen Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Wyden,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

21/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Bernie SandersCommittee on Senate Energy and Natural Resource332 Dirksen Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator Sanders,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt

8/9/2019 15 Feb 2015 Letter to US Senate Ctee on Energy & Natural Resources

22/22

Douglas A. Grandt PO Box 6603

Lincoln, NE 68506  (510) 432-1452

February 15, 2015 

Senator Angus KingCommittee on Senate Energy and Natural Resource359 Dirksen Senate O!ce Building Washington, D.C. 20510 

Re: Oil Refining - Considering future eventualities versus the myopia of the present

Dear Senator King,

Friday was would have been my father’s 98th birthday. He was an honorable man who taughtme a lot about politics and living an honorable life. He never talked politics. One thing Ilearned from him was to do the best I can based on good information, to avoid rumors andspeculation, to think for myself, to do what is right, and to stand up for what I believe.

I have come to understand something so disturbing that I feel I must speak up, urgently.

For the past several years I have observed and pondered how the CEOs and Boards ofDirectors of the petroleum drilling, production and refining companies have been going abouttheir business. I am not pleased with what I have observed, nor how I believe they will behavein the future. I have come to the conclusion that their invoking “proprietary” and “trade secret”and a total lack of transparency could destroy our economy and society.

I studied Industrial Engineering & Operations Research and Petroleum Engineering at UC

Berkeley. My career positions have always entailed looking into the future and preparing forchange. What I observe in the U.S. is a paradigm of myopiaan avoidance of the future. Ifear that the petroleum industry will behave out of self interestnot in the Public Interest. 

Stock buy-back programs, declining earnings, paying dividends with borrowed money whilespending more and more in attempts to discover replacement reserves, shooting themselves inthe foot with a short-term production boom of tight formation oil and gas, relying on tarsandsbitumen to feed starving refineries that should by all rights be retired, pushing to export the glutof domestic oil and gas stockpiled with no ready marketsall of these point to near-termcollapse of the once-profitable house of cards. What will they do at break-even? 

 Ask CEO Rex Tillerson if ExxonMobil will remain in business approaching marginal profitability,as earnings seriously erode, as dividends begin to fall below expectation. Call Mr. Tillerson and

CEOs of all petroleum refiners in the U.S. to a Committee hearing and ask the tough questions.

We cannot afford to let refineries go out of business or declare bankruptcy prematurely. Howcan we compel each of the oil refiners to operating right down to their very last refinery. With aserious effort to avert the worst case climate scenarios, this is now upon our doorstep.

Sincerely yours,

Doug Grandt