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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Blue h2o who wrote (35095)	7/11/2007 9:27:12 PM
From: Bucky Katt	Respond to of 48461

Big trouble for US... Good post.

To: Blue h2o who wrote (35095)	7/11/2007 9:47:04 PM
From: Bucky Katt	Respond to of 48461

Uh-oh>>>Pipeline attack closes Hershey's and Honda>> (this is bad for biz) MEXICO CITY, Mexico (AP) -- Honda, Hershey's and other multinational companies temporarily shut down their factories in western Mexico on Wednesday after rebels attacked a key natural gas pipeline. Mexican army soldiers stand near the site of an explosion at a gas pipeline near Queretaro, Mexico, early Tuesday. The small, left-wing guerrilla group that claimed responsibility for the explosions issued a statement late Tuesday vowing to continue the attacks, while the Mexican government scrambled to increase security at "strategic installations" across Mexico. At least a dozen companies including Honda Motor Co., Kellogg Co.'s, The Hershey Co., Nissan Motor Co., and Grupo Modelo SA were forced to suspend or scale back operations because of the lack of natural gas, the daily newspaper Excelsior reported. They said they faced millions of dollars in losses. Vitro SAB, a Mexican company that makes glass containers, said the shutdown of two plants would cost it about $800,000 a day. Vitro said in a statement that it was increasing production at other plants in Mexico to minimize effects on customers. Total business losses were being estimated at more than 70 million pesos ($6.4 million) a day, Excelsior reported, citing unidentified sources. The association representing Mexican industry said Wednesday it was looking into the extent of the explosions' financial impact. Officials from Mexico's state-owned oil and gas monopoly Petroleos Mexicanos, or Pemex, said an explosion Tuesday and two more last week affected different sections of the same pipeline. The company sent 150 workers to repair the line. The disruption affected clients in the industry-rich city of Guadalajara, capital of the western state of Jalisco; the industrial city of Leon, in the central state of Guanajuato; and the central states of Queretaro and Aguascalientes.