HOUSTON GEOLOGICAL SOCIETY&#39;S<br>2000 - 2001 ANNUAL REPORT

Executive Board<?XML:NAMESPACE PREFIX = O />
            President                     Craig Moore
            President-elect              Paul Hoffman
            Vice-president               Denise Stone
            Treasurer                     Bill Osten
            Treasurer-elect Craig Dingler
            Secretary                     Greg Gregson (thru 2/14/01)
            Editor                           Chuck Sharpe
            Editor-elect                 Wendy Hale-Erlich
            Director 2002              Tom McCarroll
            Director 2002              Paul Babcock
            Director 2001              David Fontaine
            Director 2001              Sharie Sartain
 
           
Highlights of the Year
            This year saw a renewed confidence in the petroleum industry as gas prices soared from $3.50 at the beginning of the year to a high of $10 before eventually retreating to $3.20 by fiscal year end. Oil prices during this time, traded within the mid-$20 to the low $30 range. As it has been in the past, HGS is directly affected by the optimism and bottom line of the various oil companies throughout the area. This year was no exception as reflected by the surge in personnel placement ads (162 in 99-00 vs. 345 in 00-01), the strong increase in profits from continuing education courses, the debut success of AIPEX and the slight increase in membership.
            Several milestones were celebrated this past year. Steve Hill organized the recognition of the 100th anniversary of Spindletop as 200 people filled four buses on a road trip to the original site. The 50th meeting of the GCAGS was hosted by HGS under the leadership of Larry Bartell. Finally, after several years of defeat, the state legislature finally passed a Texas Geoscience Registration bill.
            New business and activities started and/or accomplished include starting a Legal, Office and Personnel Policy ad hoc committee to put in place an office manual for HGS employees; forming an international continuing education subcommittee; using e-mail as a tool for mass mail outs; the Environmental Committee hosting a road rally in the Houston area; print