SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (48093)7/16/1999 11:17:00 AM
From: William JH  Read Replies (1) | Respond to of 95453
 
I think the news that the California Air Resources Board has approved, for the first time ever, an exemption to standards for gasoline is very significant. (For Chevron). There must be a real shortage of gasoline in the biggest market anywhere.

dailynews.yahoo.com

This should be supportive for the price of crude for some time to come. Even if OPEC started cheating today, the lag time for cargoes would keep supplies tight.

JMHO.