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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper
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To: Matt Burton who wrote (2654)6/6/1998 11:13:00 AM
From: G. Scott  Read Replies (1) of 4142
 
As i read the info on the link provided by Matt on #2655, it struck me that EXXON is a minor producer of MTBE with only about 3% of the total production. As the largest(?) oil company in the world with a huge gasoline distribution system, EXXON is probably a "net buyer" of MTBE from other sources (AMOCO has the same amount of production).

It seems to me that EXXON, with a relatively small capital investment in MTBE production (1 plant), has greater incentive to pursue a BSC (better,safer,cheaper) product like DF-144.
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