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To: Frank who wrote (72323)9/5/2000 2:07:25 PM
From: Jon Cave  Respond to of 95453
 
France begins gasoline rationing
A: France begins gasoline rationing

PARIS, Sept. 5 (UPI) -- The French transportation minister said Tuesday that
negotiations with truck and ambulance drivers' unions would soon end nationwide
protests against high fuel prices.

Transport drivers and farmers across France are blocking oil refineries and fuel
depots, resulting in panic gasoline buying purchases by consumers and widespread
government rationing.

The protests follow one by fisherman last week; that crisis, in which the
fishermen blocked ports, was defused after the government promised the
protestors a support package for fuel.

Transportation Minister Jean-Claude Gayssot spoke Tuesday in an interview with
radio France Inter just ahead of a late meeting with union heads in Paris.

"I think that the situation should be cleared up sometime today," he said.

The spokesman for the biggest organization representing the independent owners
of trucks and their drivers, Patrice Cros of the Federation Nationale des
Transporteurs Routiers, however, had another view. He said many unions were
involved in the protests and that at least 1,800 truckers were involved
nationwide. He said he expected more drivers to join the strike by late Tuesday.

Protestors have formed barriers outside 60 of France's 70 oil depots. They want
cuts of as much as 20 percent in fuel taxes. Meanwhile, police reported that 87
percent of gasoline stations in the eastern town of Dijon had no more fuel for
cars.

In Lyon, gas stations were directed to turn conventional motorists away. Only
doctors, hospital and related emergency and firefighter vehicles may receive
gasoline. Cars in the southern Var and Rhone regions were severely limited to
their gasoline and diesel purchases.

The price of diesel fuel and gasoline in France has risen 50 percent in the past
18 months, following a steep rise in world oil prices. The blockade began a few
hours before midnight Sunday when 2,000 vehicles began surrounding plants,
including depots at Fos-sur-Mer near Marseille, at Donges on the Atlantic coast
near La Rochelle. That was quickly followed with blockades at Le Havre and
Dunkirk on the northern coast and at Grandpuits east of Paris.



To: Frank who wrote (72323)9/5/2000 2:42:41 PM
From: Roebear  Respond to of 95453
 
Hi Frank,
Looks like TESCO is trying to get through resistance again in Toronto:

quotes.telenium.ca

Showing some nice volume in Toronto, the one buy looked (I may need to squint harder at that 5 min chart) to be about 650,000 US dollar equivalent, a little out of my reach so it wasn't me this time, VBG.

Did an intraday 1/16th over the 52wk high of 10 7/8.

Looks like I may soon have had my last buy under 11, I hope.

Hey, want to make a little side bet on TESOF vs GW??

ggg

Best Regards,

Roebear



To: Frank who wrote (72323)9/5/2000 2:58:14 PM
From: GREENLAW4-7  Read Replies (1) | Respond to of 95453
 
IS API RELEASED TONIGHT??? THANKS