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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: PartyTime who wrote (46490)10/15/2000 10:52:51 AM
From: Tom Clarke  Respond to of 769667
 
The guy has no resources. Some details appear to have changed. Initially, news stories had the guy living in Harlem with his mom. This recent article has him living in Manhattan with no mention of mom.

Bids from 11 companies were accepted on Oct. 4. But Euell Energy Resources, a pipeline company based in Denver, and Lance Stroud Enterprises, a one-man brokerage firm in New York City, failed to come up with the required letters of credit, so their bids were dropped.

Renard Euell, the Colorado company's chairman, said in an interview that he plans to bid on some of the 7 million barrels on Monday. The winning bidders for that oil will be announced Oct. 23, officials said.

Stroud, who operates out of his apartment in Manhattan, won tentative approval for 4 million barrels of oil, worth more than $133 million at current prices.


washingtonpost.com