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RE: Non-LBC content - 1973 shortage was BS!

To: triumphs@autox.team.net
Subject: RE: Non-LBC content - 1973 shortage was BS!
From: Randall Young <ryoung@NAVCOMTECH.COM>
Date: Wed, 8 Nov 2000 09:17:37 -0800
Organization: Navcom Tech, Inc
My sentiments exactly.

BTW, BP Amoco reports that their profits are up 68%, sales are up 64% but 
production is down.

Oh, and California is still exporting both crude oil and refined gasoline to 
Mexico, where you can buy it back for 1/2 to 1/3 what it costs to buy in 
California ...

Randall

On Wednesday, November 08, 2000 7:44 AM, Ptegler [SMTP:ptegler@gouldfo.com] 
wrote:
>
> I still have an aerial photo (buried somewhere) from mid/late summer of '73
> of the six tankers sitting off the California coast that sat there for 4
> months
> (fully laden with oil and sitting low in the water) that were told there was
> no
> place for them to unload (no place to put it).  To this day, I have a very
> hard
> time believing anything the an oil company says concerning supply and demand.

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