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value1008

10/13/14 8:21 PM

#27172 RE: tpappa #27171

The model ethanol plant at the CARD website shows least profitability since April 2013:

http://www.card.iastate.edu/research/bio/tools/hist_eth_gm.aspx

Obviously PEIX has some different parameters in its favor, but this graph illustrates the severely pressured margins at most plants and suggests what the industry as a whole is undergoing.

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tpappa

10/13/14 9:42 PM

#27173 RE: tpappa #27171

I'm interested to see bottom line improvement from Edeniq's pathway program. I think that's going become noticeble and a favorable RFS is bound to happen. I'm optimistic. If the Fed doesn't facilitate domestic fueling infrastructure then the states will.