Several coronal bright points identified in a quiet region of the Sun from
Solar and Heliospheric Observatory/Extreme-Ultraviolet Imaging Telescope Fe
XII images are found to have a time evolution from birth to decay that is
extremely well correlated with the rise and fall of magnetic flux as determ
ined from photospheric magnetograms made with the SOHO/Michelson Doppler Im
ager instrument. Radiative losses of the bright points are found to be much
less than conductive Losses, but the sum of the two is comparable with the
available energy of the associated magnetic field. Several small "network
flares" occur during the lifetimes of these bright points, emphasizing the
strong connection of such events with the magnetic field.