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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: sea_urchin who wrote (31081)	4/2/1999 1:47:00 PM
From: long-gone	Read Replies (3) of 116764

Just heard the Pres. talking about how good time are: BP plan to cost 400 jobs Arco projects on track BP Amoco and Arco announced Thursday that the proposed $25.6 billion merger between the two oil giants will lead to about 400 layoffs in Alaska. All current Arco Alaska Inc. projects in Alaska will continue unaffected by the merger, said Dick Olver, head of exploration and production for BP. Olver also announced capital spending plans of $5 billion over the next five years in Alaska, slightly ahead of spending in the past five years. (cont) adn.com Wonder what % of the state economy of Alaska is represented by these 400 jobs??????

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