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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Douglas V. Fant who wrote (73085)9/12/2000 6:42:29 AM
From: Greywolf  Read Replies (2) of 95453
 
In Europe their bringing out the military to defend 84% taxes on oil,

The British government Tuesday was
preparing to invoke emergency powers to tackle the shortage of
petrol caused by protests over fuel taxes.
Up to 3,000 filling stations have already run out of petrol and
major retailers have warned as many more are expected to close as
lorry drivers and farmers continued to blockade oil refineries and
distribution depots.
Prime Minister Tony Blair has insisted that he will not give in
to the protests, but troops were being put on standby to ensure
vital services are maintained.
The dilemma for Britain's Labour government, which is seen facing
its biggest public challenge since coming to power over three years
ago, has been created by France offering tax concessions to its
protesting lorry drivers last week.
Protesters at the Shell oil refinery in Ellesmere Port, north
west England, where the protest began last Thursday, warned Blair
Tuesday not to aggravate peaceful blockades by ordering police to
act.
Spokesman Brynle Williams said that the prime minister that he
had made a "gross mistake" by not bowing to the overwhelming
public response.
Blair has blamed the rapid rise in petrol prices on the increase in
world oil rates, but protesters are demanding that the government
must help alleviate the rise by reducing its 76 per cent tax on
fuel.

About 70% of retail outlets are going to run out of fuel during the day.
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