Alto Ingredients Inc (ALTO)

[Harry Winston]

You're mistaken. I never agreed that Pacific Ethanol shouldn't restart their plants in Nebraska. In fact, I said that they shoud restart them because the price of various energy commodities, including ethanol, is relatively high.

The inflation-adjusted price of oil isn't as high now as it was in the late 1970s, so there's room for the oil price to go higher, as it did then, because of tension between the United States and other countries, particularly Saudi Arabia.