Alto Ingredients Inc (ALTO)

[Rule_62]

Exactly, that's what I believe to be happening. The west coast inventory numbers remain quite high, while the overall US numbers continue to drop. It would be healthy to see a 25-30 cent premium for West Coast ethanol, instead of the 15-20 cents we've been seeing. I suspect it's why the PEIX margin continues to be so low compared to even the Mid-west numbers (around 65 cents last week, as opposed to 78 cents for Nebraska and 92 cents for Illinois).