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ENERGY COMMISSION DISAPPOINTED OVER CHEVRON ANNOUNCEMENT

 ENERGY COMMISSION DISAPPOINTED OVER CHEVRON ANNOUNCEMENT
 SACRAMENTO, Calif., April 1 /PRNewswire/ -- The following is a statement from California Energy Commission Chairman Charles R. Imbrecht regarding the announcement on April 1, 1992, that Chevron Oil Co. will not fulfill its agreement with the Commission to complete 25 methanol fueling facilities in California.
 "We are disappointed that Chevron has chosen to break its agreement with the Energy Commission for providing the additional 11 M85 pumps at their retail outlets throughout California.
 "The existing 14 M85 pumps at the Chevron stations will continue to operate.
 "While this action is regrettable, it will not limit the methanol retail fuel supply network in California.
 "It clearly is Chevron's decision, and we recognize their need to consolidate their business to improve their profit margins.
 "We object, however, to Chevron using the Auto/Oil Industry Study as the reason to cancel our agreement.
 "Both the California Air Resources Board and the Energy Commission questioned the technical analyses of the study because it uses old vehicles for the tailpipe emissions analysis; unusually high feedstock costs for natural gas ($2.70-$2.80 per million Btu for natural gas, when current prices are $1.20 per million Btu); and biased comparisons for justifying reformulated gasoline over any other clean, alternative fuel.
 "Moreover, with more than 1,000 Fuel Flexible Vehicles on the road today, an additional 1,172 Chevrolet Luminas arriving in May 1992, nearly 200 Ford Econoline vans, and more than 3,000 1993 Chryslers and Fords available on the showroom floor in September 1992, Chervon's concern about the current and future lack of methanol use is overly pessimistic.
 "Air quality is everyone's concern; reformulated gasoline only offers a partial solution."
 -0- 4/1/92
 /CONTACT: Claudia Barker of California Energy Commission, 916-654-4989/ CO: California Energy Commission ST: California IN: OIL SU:


DG -- SF016 -- 4135 04/01/92 18:30 EST
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Publication:PR Newswire
Date:Apr 1, 1992
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