CHEVRON, TEXACO TO APPEAL OIL LINE RULING

Chevron Corp. and Texaco Inc. will appeal a California superior court judge's July 27 ruling that would convert their two major heated heavy crude oil pipelines originating in Central California's San Joaquin Valley to common carrier status. Stemming from a 16 year old antitrust suit, the order could make available another 280,000 b/d of capacity to producers and other pipelines in the San Joaquin Valley. Involved are Chevron's Estero pipeline extending to the El Estero tanker