EM will be closing their Group I terminal in San Pedro, California when existing stocks are depleted. Chevron has declared <i>force majeure</i> and will be limiting allocations of Group II and Group III base stocks. Things are getting worse, not better, post Katrina. Europe's having some supply problems, too. But, the good news is that EM posted a net-income of nearly $10,000,000,000.00 for calendar year 2005! Geez, that makes me feel a whole lot better!