How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.53

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Dec 12 9:30 AM EST

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To: Don Edgerton who wrote (18230)	3/18/1999 12:20:00 PM
From: Gerald Walls	of 74651

Chevron & Tesoro have a duopoly. Oil comes via ship as does a lot of U.S. oil. Hawaii is no further from oil than is East Coast from Saudi. So is the crude oil actually refined in Hawaii, or is it refined in the continental US and then the refined products shipped to Hawaii? If it is refined in Hawaii, are the refineries large enough so that you get the same economies of scale that you have in a mainland refinery? And, is it refined on each island or are the finished products transported between islands? If they're transported between islands is it done by pipeline (don't the islands have a non-trivial relative drift, endangering pipelines?) or are the products transported via ship? Any of these could increase costs. Hawaii also has the highest gas taxes. Blame your state government for that one.

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