• Part of Records of the Office of the Chief of Staff (Clinton Administration), Karen Tramontano's Files

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OPTIONAL FORM 99 (7-90) 9/18/2000 FAX TRANSMITTAL 4 United States Department of State # of pages Below Distritution From alan Larson Under Secretary of State Dept./Agency Phone # 647-7575 for Economic, Business, and Fax # Fax # 647-9763 Agricultural Affairs NSN 7540-01-317-7368 5089-101 GENERAL SERVICES ADMINISTRATION Washington, D.C. 20520-7512 September 18, 2000 VIA FACSIMILE TO: CEA- Mr. Baily 395-6958 ! KT Mr. Lawrence COS- Mr Podesta 456-1907 fyi Mr. Ricchetti DOE- Secretary Richardson 586-4403 MB NEC- Mr. Sperling 456-2878 Mr. Samans NSC- Gen. Kerrick 456-2883 OVP- Mr. Fuerth 395-6042 Mr. Beier Treasury- Mr. Summers 622-0073 Mr. Eizenstat 622-0081 FROM: Alan Larson AL SUBJECT: Diplomatic Game Plan on Oil: Stage II Our diplomatic efforts helped create an environment that facilitated OPEC's September 10 decision to raise quotas by 800,000 barrels/day. Prices, however, remain stubbornly high. Over the next two weeks, the Administration will have a number of new opportunities to work with producing and consuming countries to encourage OPEC to implement fully the September 10 decision and to increase production further as necessary. European and key emerging market economies are already speaking out in favor of further production increases. Developing countries could be energized to play a greater role. The attached memorandum and calendar highlights targets of opportunity known to us. I would appreciate comments on this approach and thoughts on other opportunities we may not have addressed.