Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: DavidG who wrote (38072)	2/23/1999 7:01:00 PM
From: Evan Dimmer	Respond to of 95453

At least 8 hurt in fire at Calif. refinery - radio SAN FRANCISCO, Feb 23 (Reuters) - At least eight workers were hurt in a fire that broke out at a crude refinery operated by Tosco Corp. (NYSE:TOS - news) in Avon, Calif., KCBS Radio in San Francisco reported on Tuesday. An emergency worker told the station that eight people had been taken to the hospital and three of them were suffering from serious burns. A company spokesman also confirmed that a fire had occurred at the facility at around 12:18 p.m. PST, and that the company's own emergency workers had extinguished the blaze by 12:30 p.m. PST. The spokesman, being interviewed on the radio station, said he could not immediately comment on the number or the severity of injuries. Earlier, the emergency worker told KCBS that the fire had also been declared a ''hazardous materials incident'' and said the injured people were being ''decontaminated'' at the hospital. The refinery, located in Contra Costa County east of San Francisco, has an overall capacity of roughly 100,000 barrels a day, according to data from the California Energy Commission.

To: DavidG who wrote (38072)	2/23/1999 7:37:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Expectations.... The API will release its latest weekly inventory and production report later today. Eight analysts surveyed by Bloomberg expect an increase in crude oil supplies of between 1.1 million barrels and 2.1 million barrels, and a decrease in distillate supplies, which include heating oil, of between 1.3 million barrels and 2.1 million barrels. Gasoline inventories were probably little changed last week, amid mixed projections from analysts for a 200,000-barrel drop to a 700,000-barrel rise, on average. Crude came in at the high end of range. Gas is terrible, three times the high end. Not sure where the distillate number is but without a substantial decrease, this report will be interpreted as bearish. I'am sure I'll be derided as a nattering nabob, but at least spell it correctly. John