Energy industry marks progress on Y2K bug solutions as more issues are raised

Contributing to this story were Energy Policies Editor Patrick Crow, Senior Editor David Knott, and Associate Managing Editor-News Anne Rhodes. Now less than 1 year away, the changeover to the Year 2000 continues to pose challenges for the petroleum industry. A recent analysis of the readiness of key oil-producing nations has revealed that their "customer" nations may find their oil supplies threatened if producers fail to fix their Year 2000 (Y2K) problems in time. To protect U.S. interests, says one information technology specialist, the U.S. should establish formal procedures for imparting information to other countries that may be having difficulty solving the problem. ...

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