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To: Bobby Yellin who wrote (15754)8/12/1998 8:06:00 AM
From: Bobby Yellin  Respond to of 116767
 
in nytimes.com headlines "drought in Texas and Oklahoma
stunting crops and economies Severity is Reminiscent of the Dust Bowl Years"..another suggestion of bottom in commodities besides severe
suffering in this country among farmers :<
re Canadian dollar: affecting upstate New York...less tourism and shopping in malls from Canadians..ripples.......



To: Bobby Yellin who wrote (15754)8/16/1998 5:10:00 PM
From: goldsnow  Respond to of 116767
 
Floods cut China's Daqing oil output by 6,821 T

BEIJING, Aug 16 (Reuters) - Floods slashed the output of China's largest oilfield, Daqing in the northeast, by 6,821 tonnes between August 12-16, the official Xinhua news agency said on Sunday.

Floodwater inundated 1,217 oil wells, 527 of which were forced to close, Xinhua said.

Daqing has more than 25,000 oil wells.

''Most of the wells are now operating normally,'' Xinhua said. It gave no further details.

Daqing produced 60.9 million tonnes of oil in 1997, accounting for half of China's total.

Official figures more than a week old estimate that more than 2,000 people have died and 240 million people affected in China's worst floods since 1954. Damage has been estimated at $24 billion and the figure is likely to rise.

biz.yahoo.com