Bluefire Renewables, Inc. (fka BFRE)

[richbob]

Yes, I think we all feel the oil price will go up at some point. However, since the production of ethanol at Fulton is at least 15 months in the future, and then production from Chinese plants may be three years or so in the future ( as they surely want to see how Fulton works out before making further commitments), then the current oil/ethanol price is not a huge factor, IMHO. If I am right, a decision could possibly come any day to complete the Fulton financing.

I still think they may be re-negotiating the original Fulton plant cost, and if that can be reduced somewhat, it should directly affect the additional funds needed to begin construction.