EDWARD O. VETTER& ASSOCIATES, INC. SUITE 2929 LTV TOWER DALLAS, TEXAS 75201 (214) 748-7821 August 9, 1982 Mr. Boone Pickens, Chairman Mesa Petroleum Company Post Office Box 2009 Abilene, Texas 79604 Dear Boone: I'm glad your meeting with Governor Carlin went well. As I told you in our telephone conversation I am sending a copy of a set of charts I used in discussing energy and the U.S. economy before the Southern Governors Conference at Hilton Head. After I returned I decided I should rough draft a narrative for the slides used and I enclose this draft. We are agreed that there is a national debacle going on insofar as energy is concerned, and I hope that Governor Clements' views can be supported by a lot of people in the oil patch because unless we do some- thing we are sitting ducks for the next real crisis. CC: Governor Clements Bill: I took out slides 4 and 12 but am sending you the narrative since it may guide you in your use of the charts whenever the discussion comes up.