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To: BigBull who wrote (57694)	1/1/2000 5:31:00 PM
From: Razorbak	Respond to of 95453

"API: Petroleum Industry Sails Through Y2K Date Rollover" Saturday January 1, 1:07 pm Eastern Time Company Press Release SOURCE: American Petroleum Institute American Petroleum Institute: Petroleum Industry Sails Through Y2K Date Rollover WASHINGTON, Jan. 1 /PRNewswire/ -- The American Petroleum Institute reported today that the nation's oil and natural gas industry began the new century without any significant Y2K-related problems as a result of the advance preparations by the industry. Available and adequate gasoline and home heating oil supplies were the most visible indications for consumers of the successful transition. Essentially 100 percent of world oil production, natural gas production, and refinery capacity have successfully made the transition to January 1, 2000, API said. The oil and natural gas industry, including its multinational companies, began preparing more than five years ago, and spent more than $2 billion to assure consumers worldwide that the oil and natural gas products on which they rely would be available on and after the date rollover. The industry spent the last two years continuing to develop and test solutions and contingency plans, and working with the International Energy Agency and the U.S. Department of Energy to share technological solutions with other nations. This prudent and necessary technological development, testing and global information sharing has proved a significant contribution to the industry's successful global transition into the Year 2000. With Hawaii's transition to the new century as of 5 a.m. eastern standard time (EST), rollover had occurred for all of the United States. Alaska, with more than 1 million barrels per day of crude oil production, also moved successfully into the new year at 4 a.m. EST. U.S. oil product pipelines that had planned scheduled shutdowns over the date rollover have successfully restarted their operations today and the U.S. Department of Transportation's Office of Pipeline Safety has confirmed industry reports of zero Y2K roll-over incidents in the U.S. oil pipeline sector. SOURCE: American Petroleum Institute -------------------------------------------------------------------------------- Related News Categories: oil/energy biz.yahoo.com

To: BigBull who wrote (57694)	1/1/2000 5:40:00 PM
From: Razorbak	Respond to of 95453

"FBI Investigates Explosion at Illinois Utility" By Bloomberg News Special to CNET News.com January 1, 2000, 2:05 a.m. PT CHICAGO--Unicom's Commonwealth Edison said the FBI is investigating what appears to be a bomb that detonated at one of the electric utility's transmission towers in Niles, Ill. The explosion occurred just before midnight local time in the Chicago suburb, and about 4,100 customers may have noticed a brief blink in their power service, said Carl Croskey, president of ComEd's distribution group. The tower remained standing, and no one was injured. "We have what appears to be an attempted sabotage," Croskey said. "It appears someone planted something there." The FBI and local police are investigating the explosion, Croskey said at Chicago's Y2K command center. ComEd employees witnessed the explosion, which was at the base of a tower, and no customers called to complain of the flickering lights. The rest of the evening was uneventful for the power company, with only about 15 reported outages out of its 3.4 million customers, Croskey said. Those weren't Y2K related, but rather were the result of isolated incidents such as falling tree limbs. Copyright 2000, Bloomberg L.P. All Rights Reserved. yahoo.cnet.com