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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)
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To: Binder who wrote (1509)5/16/1998 1:53:00 PM
From: Charger  Read Replies (1) of 1757
 
I thought these two points from the article were particularly important:

Senator Feinstein Introduces Legislation to Protect California Drinking Water from MTBE

"...Tosco (has) said they can meet California's standard for clean burning fuels without using MTBE."

MTBE, a liquid that smells like paint thinner, is an organic compound that has been added to gasoline since the late 1970's to reduce emissions of carbon monoxide, ozone and cancer causing benzine. However, the amount increased in 1990 when Congress tightened the Clear Air Act to require "reformulated gasoline" in states such as California with the dirtiest air. In California, MTBE is used in approximately 90% of the gasoline sold.

California, Maine - this is getting to be BIG!!! Boy, are we in the right place at the right time, imo.

Charger
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