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rikelme

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rikelme

Re: sashex001 post# 16922

Friday, 02/22/2013 10:55:19 PM

Friday, February 22, 2013 10:55:19 PM

Post# of 30377
It seems that they are trying to stop E15 only, right? Although it will be a hit for the ethanol industry in the long run, I don't think it will heart the ethanol gallons sold so much in short term, because E15 is not very popular as of now. I just hope that the ruling will not be made until PEIX Q1 earnings call :D

If, on the other hand, government decides to increase tax on oil/gas (and not on biofuels), as this nytimes article explains, the demand for higher ethanol blends will for sure increase multifold.
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