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Non-Tech : British Pete / Amoco Merger -- Ignore unavailable to you. Want to Upgrade?

To: pae who wrote (10)	8/14/1998 10:49:00 AM
From: cgraham	Respond to of 29

I think the Midwest already has a fairly decent population of BP stations and feels the BP name recognition is stronger than amoco. Also because I read today that BO intends to phase Amoco name out over the next ten years. Which is a decent amount of time fo rthem to acomplish what they need to. I agree BP stations are cleaner and perrtier, but they do have a way to go before they attain the regal status of a Mobil station. What makes BP more intersting is it's other post petroleum chemical biproduct line. I thought Exxon cornered the market on this with glues, dissolvants, plastic rope products etc... But in fact BP is the world leader, and if they promote the fact that they use every bit of the oil to the last drop in gas oil and after products, that will go a long way on the Street. Especially with current oil crisi and the price of a barrel being at a ten year low. I think BP made a solid descision in Amoco as well. However, I 've noticed on other boards that BP is considering Mobil as well? Maybe they were making a choice between Mobil and Amoco, because I really can't see Mobil being aquired at this point.