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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.27

+3.5%

Jan 12 4:00 PM EST

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To: Enigma who wrote (35546)	6/18/1999 12:05:00 PM
From: long-gone	Read Replies (1) of 116853

protectionist? Friday June 18, 10:22 am Eastern Time Senate okays $1.5 bln steel, oil, gas loan program WASHINGTON, June 18 (Reuters) - The U.S. Senate approved legislation on Friday establishing a $1.5 billion emergency loan guarantee program for the steel, oil and natural gas industries, which have been suffering from low commodity prices and foreign imports. The program would provide $1 billion in guarantees to steelmakers, who could qualify for loans up to $250 million, while oil and natural gas producers would have access to $500 million in guarantees and could borrow up to $10 million each.(cont) biz.yahoo.com

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