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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?

To: spinynorman1323 who wrote (10523)	3/29/1999 12:39:00 AM
From: Don Edgerton	Respond to of 13091

Thanks Mark for the info. How's your golf? Aloha, Don

To: spinynorman1323 who wrote (10523)	3/31/1999 6:59:00 AM
From: Charles A. King	Read Replies (1) \| Respond to of 13091

The granting of the world wide patent is not only significant to GRNO in itself in my opinion. It represents the faith certain people such as GRNO's attorneys have that they will be compensated for their efforts some day. I think we stockholders owe more than money to these individuals. We owe them our gratitude for demonstrating their faith in the form of such valuable service. So far this month, oil has climbed $4.56 to $16.80 and is probably overshooting. It is long overdue to take a breather. I wonder how GRNO did in the month of March. Here is an interesting comment on Noesis. Product inventories are at reasonable levels in all regions except in California as discussed above. There is still plenty of gasoline east of the Rocky Mountains and no particular reason for prices to increase other than the fact that consumers are willing to pay higher prices. Imports of gasoline, distillate and residual oil decreased this week. Refiners appear to be taking advantage of the higher product prices by further refining inventoried distillate to make gasoline and other lighter products. The reasoning is that it is now less expensive for them to make gasoline out of their distillate than to purchase gasoline on the spot market. As a result, they were able to pull distillate inventories down 5 million barrels to 52.2 million. oil-gasoline.com That shows how higher gasoline prices translate into higher distillate prices even though the heating season is drawing to a close. Gas went up another three cents yesterday in my town. Heating oil on the NYMEX closed at 44.36 cents yesterday. I can remember several weeks ago when it was under 29 cents and refineries along the Gulf complained that crude cost them more than they could get for distillate. Charles