A strong ethanol price with an expanding market means more money available to finance additional revenue streams - including corn oil extraction.
"EPA decision on E15 expected within the next two weeks --
The market consensus is that the EPA within the next two weeks will approve E15 for vehicle model years of 2007 and newer, which would be a significant bullish long-term factor for ethanol prices. The DOE is not expected to finish testing model years 2001-06 until the end of November."
See source HERE
See comment HERE
SkunK
Thursday, October 7, 2010
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2 comments:
I'll believe it when I see it!
We have "expected an EPA decision" on this several times before, only to be disappointed by delays and obstruction.
Well that's Osama and his demorats for ya. They let Bush's biodiesel tax credit expire 10 months ago along with the jobs and investments that went with it. Even with republicans backing it's renewal. And it's a demorat controlled congress!!!His EPA does nothing but sue ethanol plants, penalize midwest corn ethanol, and drags their feet on E-15 and would rather foreign fuels trump domestic.
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