Alto Ingredients Inc (ALTO): At the end of the year the Volumetric Et...

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Tuesday, 12/27/2011 5:10:26 PM

Tuesday, December 27, 2011 5:10:26 PM

At the end of the year the Volumetric Ethanol Excise Tax Credit also known as VEETC is going to expire. VEETC is to subsidize the production of ethanol in US. For sure the 45-cent a gallon tax credit for gasoline blenders theoretically should not affect PEIX or BIOF however a 54-cent a gallon tariff on imports and a $1.01 a gallon credit to producers should definitely impact the revenue of the ethanol producers. Any comments?

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