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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (74774)	9/27/2000 12:18:27 AM
From: Tomas	Read Replies (1) \| Respond to of 95453

U.S. refineries have been running at close to full capacity for most of the year, and many skipped scheduled maintenance to take advantage of record-high gasoline prices during the summer. Now, with heating oil prices close to 10-year highs, and pressure from the U.S. government to rebuild stocks in time for winter, ``they're beginning to delay the maintenance schedules again,'' said Salomon's Cooper. This poses a risk, as impurities from the fuel accumulate, and are baked onto the valves and other parts of the refineries, he said. ``You have a problem with all those leftover components (of the oil) gumming things up and possibly causing an explosion or fire,'' he said. Bloomberg Energy, September 27