December 4, 1997 Securities and Exchange Commission Washington, DC 20549 Ladies and Gentlemen: We were previously principal accountants for Petrol Industries, Inc. and, under the date of February 14, 1997, we reported on the consolidated financial statements of Petrol Industries, Inc. as of and for the years ended December 31, 1996 and 1995. On November 12, 1997, our appointment as principal accountants was terminated. We have read Petrol's statements included under Item 4 of its Form 8-K dated November 19, 1997, and we agree with such statements. Very truly yours, KPMG Peat Marwick LLP