----- Original Message -----
From: InfoBeat <news@infobeat.com>
To: <suzie_bear@hotmail.com>
Sent: Thursday, June 01, 2000 1:08 PM
Subject: InfoBeat News - Morning Coffee Edition @ 06/01/2000
>
> *** Higher gasoline prices predicted
>
> DALLAS (AP) - Exxon Mobil Corp. chairman Lee Raymond said Wednesday
> gasoline supplies could tighten this summer because of a dispute over
> Unocal Corp.'s patent on producing reformulated gasoline. Refiners
> who must use other blending methods to make the cleaner-burning fuel
> won't be able to produce as much gasoline, probably causing prices to
> rise, Raymond told reporters after a shareholders meeting. He said he
> could not estimate the price increase at the pump or how long the
> increase would last. A federal appeals court earlier this year upheld
> a ruling that Exxon Mobil and four other oil companies pay $95
> million in damages to Unocal for infringing on its patent. Analysts
> have estimated the ruling could raise pump prices 1 to 6 cents per
> gallon to pay royalties. Retail gasoline prices already were poised
> to rise, as supplies are tight at the start of the peak summer
> driving season. The national average for all grades and service is
> $1.53 per gallon. See
> http://www.infobeat.com/stories/cgi/story.cgi?id=2566993330-1e6
>
> ----------------------------------------------------------------------
>
> *** VW to build German auto theme park
>
> WOLFSBURG, Germany (AP) - It's not often a theme park with its own
> five-star hotel proudly overlooks a steaming industrial complex,
> where sweaty workers bend iron into autos and towering smokestacks
> belch skyward. But in car-crazed Germany, few cars are as venerated
> as homegrown Volkswagen. Europe's biggest automaker is banking on
> that fierce brand loyalty with its latest venture - a self-styled car
> theme park called Autostadt, a cross between Disney World and the
> Smithsonian Institute that boldly extols the virtues of the company
> that brought us the Beetle. See
> http://www.infobeat.com/stories/cgi/story.cgi?id=2566987813-4f5
>
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