-----Original Message-----
From: 	Hayden, Frank  
Sent:	Thursday, February 14, 2002 11:41 AM
To:	Neale, Nelson; Gorny, Vladimir; Andrews, Naveen; Yang, Sean; 'michael.stockman@ubsw.com'; 'nick.vasserman@ubsw.com'; 'david.lee@ubsw.com'
Subject:	Bullish Global Energy Commentary -long term

AG Edwards seems to think US invasion of Iraq likely, perhaps as soon as summer.  Question becomes focused on Arab coalition/support/descent.  (Good stress scenario)
Frank