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Tuesday, July 20, 2010 6:44:09 AM
Valdo's numbers are a stretch, even to the Syntroleum people, who by the way DID plan the entire project whilst counting on the $1.00 per gallon subsidy/relief/credit. The lapse thereof surprised everyone and his brother.
Reread the latest CC to find the definitive Steinbaugh quote that clearly puts the issue to rest. The $1.00 per gallon ensures certain profit whereas RFS2 is a market-driven variable.
You might also consider the markets' having ignored the 1 July inception of RFS2. My old lady's cats paid more attention.
We shall see. Suffice it to say that I'll not rebuild my upper block of shares until such time the markets' make THEIR call.
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