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-- Dizzy (spinning@y2k.com), January 06, 2000

Answers

An interesting tid-bit from Hyatts' forum...Refinery shut-down ---------------------------------------------------------------------- ---------- The link at the bottom does't work. Can anyone else confirm this?

Thursday, January 6, 2000 9:05a For educational purposes:

Houston, Jan 6/PRNewswire/--Pennzoil-Quaker State Company (NYSE:PZL)- today announced a $480 million pretax write-down of its Rouseville, PA and Shreveport, LA refineries to be taken during the fourth quarter of 1999. After tax the write-down will total $293 million. The company also announced that it plans to cease processing crude oil at its Rouseville refinery ON JAN 31, AND WILL SHUT DOWN THAT REFINERY AS WELL AS ITS ROUSEVILLE PACKAGING PLANT BY JUNE 2000. Snip

Source: Pennzoil-Quaker State Co. Contact: Greg Panagos, 713-546-8914 or Ray Scippa, 713-546-8942 both of Pennzoil-Quaker State Co.

-- Hokie (Hokie_@hotmail.com), January 07, 2000.


Oil we don't need no stinkin oil.

-- Squid (ItsDark@down.here), January 07, 2000.

Hokie, Those are lube oil refineries, not conventional gasoline/diesel big time crackers.

-- Downstreamer (downstream@bigfoot.com), January 07, 2000.

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