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We are a small petroleum jobber located in the Hesperia. As you may
or may not know we in the petroleum industry have been hit time and
time again with new regulations ranging from SB981 to current phase
II vapor recovery requirements. Over the past nine years we have
dug up every one of our stations three times to comply with these
regulations now we are being mandated to purchase new tankers. We
own and operate 17 tankers, four with engines meeting 2007 or
sooner emmision standards. This means we will have to purchase 13
new trucks within the next few years to meet your new standards. We
will not be able to borrow the funds to do this with the current
banking mess. There is no money out there and we will be forced to
shut down our fleet, taking 17 tankers off the highway serving the
many stations, school districts, mining, and other various
customers we now serve. We are looking at an end to our business if
these regulation time tables are not relaxed.