Replies to post #13196 on Universal Bioenergy Inc. (fka UBRG)

[Dave68723]

UBRG is just a middle man. Higher gas prices just means they pay more for it. I they have signed contracts for less than the current price they lose. They need to buy cheaper or buy and store. They have to increase the margin between what they pay and what they sell it for. THe only benifit I see is if this allows them to increase prices to the users faster than the increases they have to pay.

Now if UBRG was a producer then you have something. But as far as I know there has been 0 production from their Progas division.