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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (27797)	10/13/2000 12:21:46 AM
From: IceShark	Read Replies (1) \| Respond to of 436258

He, he he. Yes I know. But I need actual delivery and the tanker for a couple days too, while I set up my fly-by-night neighborhood filling station. -g-

To: pater tenebrarum who wrote (27797)	10/13/2000 12:33:34 AM
From: Ken98	Read Replies (1) \| Respond to of 436258

Heinz, I don't know if anyone posted this earlier regarding the kid who got the SPR oil - I've been out of town and missed all of the excitement the last couple of days. Guess the bank would not take his 10-speed as collateral for the letter of credit and his mom told him to "get a job" when he asked her! LOL <<WASHINGTON, Oct 12 (Reuters) - Euell Energy has forfeited three million barrels of oil it was awarded from the Strategic Petroleum Reserve after the pipeline company failed to obtain letters of credit needed to take the emergency crude, an Energy Department spokesman said Thursday. Two other companies, Lance Stroud Enterprises and Burhany Energy Enterprises, which were awarded a combined seven million barrels of SPR oil, were given through midnight on Friday to obtain letters of credit for their crude, spokesman Drew Malcomb said. If all three firms end up forfeiting their combined 10 million barrels of oil from the government stockpile, it could be a major set back for the Clinton administration's effort to boost heating oil supplies and ease high energy prices this winter. ``He did not come up with his letter of credit,'' Malcomb said, referring to Euell chief executive Renard Euell. ``He's no longer in the running.'' The department will now likely ask for new bids on Euell's reserve oil on Monday, he said. Malcomb said the other two firms are in serious negotiations for financing. ``They have to be in serious negotiations with financial institutions in order to get an extension.'' If Lance Stroud and Burhany Energy fail to obtain financing, their SPR allotments will also likely be up for grabs by other companies on Monday, the spokesman said.>> BTW, I'll PM you another link when I get back to the office tomorrow.