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Author	Topic: Ethanol Strengthens Against Gasoline on Signs of Lower Output	Post a Reply Back to Topics

mastermariner Champion Author Texas Posts:4,249 Points:495,675 Joined:Jun 2011	Message Posted: Jan 19, 2013 4:42:28 AM Ignore mastermariner Report Abuse Ethanol strengthened against gasoline on speculation that plant closings and lower output will help alleviate a glut. The biofuel’s discount to gasoline narrowed 0.76 cent a day after Aemetis Inc. (AMTX), a U.S. ethanol manufacturer, said it idled its plant in Keyes, California, absent a profit to make the additive. A Jan. 16 Energy Information Administration report showed production sank to 784,000 barrels a day last week, the lowest level since the Energy Department’s analytical agency began reporting data in June 2010. “There’s still plenty of barrels out there but if we stay sub-800,000 barrels we’ll clean that up very quickly,” said Ian Jackson, a trader at SCB & Associates LLC in Chicago. The grain-based additive was 42.18 cents cheaper than gasoline, based on prompt-month contracts Visit Bloomberg for full article

mastermariner

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Message Posted: Jan 19, 2013 4:42:28 AM

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Ethanol strengthened against gasoline on speculation that plant closings and lower output will help alleviate a glut.
The biofuel’s discount to gasoline narrowed 0.76 cent a day after Aemetis Inc. (AMTX), a U.S. ethanol manufacturer, said it idled its plant in Keyes, California, absent a profit to make the additive. A Jan. 16 Energy Information Administration report showed production sank to 784,000 barrels a day last week, the lowest level since the Energy Department’s analytical agency began reporting data in June 2010.
“There’s still plenty of barrels out there but if we stay sub-800,000 barrels we’ll clean that up very quickly,” said Ian Jackson, a trader at SCB & Associates LLC in Chicago.
The grain-based additive was 42.18 cents cheaper than gasoline, based on prompt-month contracts
Visit Bloomberg for full article

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gs7101 Champion Author San Antonio Posts:5,533 Points:389,120 Joined:Jun 2009	Message Posted: Jan 21, 2013 6:50:00 AM Ignore gs7101 Report Abuse Enough of ethanol -- get rid of it!
NedW Champion Author Indianapolis Posts:5,625 Points:1,144,195 Joined:Mar 2008	Message Posted: Jan 20, 2013 11:49:38 PM Ignore NedW Report Abuse Ditto, Jeff4U.
Jeff4U Champion Author Atlanta Posts:8,767 Points:1,854,320 Joined:Nov 2004	Message Posted: Jan 20, 2013 10:12:31 PM Ignore Jeff4U Report Abuse Simply put, ethanol sucks.
Bearcat500 Champion Author Cincinnati Posts:9,732 Points:1,633,145 Joined:Nov 2005	Message Posted: Jan 20, 2013 9:09:35 PM Ignore Bearcat500 Report Abuse OK
gs7101 Champion Author San Antonio Posts:5,533 Points:389,120 Joined:Jun 2009	Message Posted: Jan 20, 2013 8:51:24 AM Ignore gs7101 Report Abuse Just get rid of ethanol -- it's a terrible alternative fuel option!
Amplion Champion Author Oregon Posts:6,777 Points:1,867,010 Joined:Sep 2005	Message Posted: Jan 20, 2013 12:16:21 AM Ignore Amplion Report Abuse BAN ETHANOL !!!
Night Owl Champion Author Toronto Posts:7,560 Points:1,788,550 Joined:Jul 2004	Message Posted: Jan 20, 2013 12:00:02 AM Ignore Night Owl Report Abuse No more ethanol.
NedW Champion Author Indianapolis Posts:5,625 Points:1,144,195 Joined:Mar 2008	Message Posted: Jan 19, 2013 11:49:42 PM Ignore NedW Report Abuse Ban ethanol.
Wanda127 Champion Author Florida Posts:2,499 Points:916,755 Joined:May 2010	Message Posted: Jan 19, 2013 11:39:26 PM Ignore Wanda127 Report Abuse Ethanol destroys our small engines & older cars.
tankumo Veteran Author Vancouver Posts:398 Points:69,905 Joined:Dec 2012	Message Posted: Jan 19, 2013 9:15:02 PM Ignore tankumo Report Abuse Nasty stuff, it corrodes, why even bother. Oh I know, the corn lobby is too strong.
jjjleblanc Champion Author Rochester Posts:5,882 Points:1,520,730 Joined:Jun 2008	Message Posted: Jan 19, 2013 7:55:03 PM Ignore jjjleblanc Report Abuse Yuch
PathfinderSC Champion Author South Carolina Posts:9,526 Points:1,832,590 Joined:Mar 2008	Message Posted: Jan 19, 2013 7:08:11 PM Ignore PathfinderSC Report Abuse No Ethanol .
Tekkersmom57 Champion Author Syracuse Posts:1,884 Points:702,165 Joined:May 2010	Message Posted: Jan 19, 2013 6:13:13 PM Ignore Tekkersmom57 Report Abuse Perfect comment, cableman31! The politicians need to stop being bought and fight for the consumer like they supposedly were nominated to do!
TripleHs Champion Author Austin Posts:3,355 Points:918,840 Joined:Oct 2009	Message Posted: Jan 19, 2013 4:51:20 PM Ignore TripleHs Report Abuse we should get ethanol out of our gasoline
Nicoalbum Champion Author Ottawa Posts:6,027 Points:1,190,750 Joined:Jan 2010	Message Posted: Jan 19, 2013 3:48:09 PM Ignore Nicoalbum Report Abuse Ethanol is much greener. But we need better engines for that
coughlin Champion Author San Jose Posts:5,195 Points:1,119,815 Joined:Sep 2009	Message Posted: Jan 19, 2013 3:40:24 PM Ignore coughlin Report Abuse No fuel for food!
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Jan 19, 2013 3:23:26 PM Ignore VomVom Report Abuse If one adds all the govt subsidies and its lower gas mileage, ethanol is infinitely more expensive than gasoline.
eye-spy Champion Author Quebec Posts:4,598 Points:2,419,795 Joined:Feb 2005	Message Posted: Jan 19, 2013 2:28:27 PM Ignore eye-spy Report Abuse I believe that you are right....."cableman31". Posted at...10:18:29am.
bwatchingu Champion Author Arkansas Posts:1,745 Points:602,495 Joined:Jan 2009	Message Posted: Jan 19, 2013 1:49:56 PM Ignore bwatchingu Report Abuse BAN ethanol
dh0770 Champion Author Colorado Posts:6,987 Points:672,460 Joined:Jun 2011	Message Posted: Jan 19, 2013 1:31:49 PM Ignore dh0770 Report Abuse Good....the cows are celebrating!
bsnort Veteran Author Huntsville Posts:429 Points:236,580 Joined:Aug 2012	Message Posted: Jan 19, 2013 1:17:40 PM Ignore bsnort Report Abuse @ buckeeye - you hit the nail on the head - we will be stuck with this garbage for another four years! obtw, just got my gas weedeater overhauled after two summers of use - thanks ethanol!
Skunk63 Champion Author Phoenix Posts:2,562 Points:560,245 Joined:Oct 2011	Message Posted: Jan 19, 2013 12:55:09 PM Ignore Skunk63 Report Abuse Ethanol is crap.
bar1035 Champion Author Charlotte Posts:9,172 Points:1,300,170 Joined:Aug 2006	Message Posted: Jan 19, 2013 12:13:32 PM Ignore bar1035 Report Abuse Agreed LuckyLindy . Actually saw a 16 cents spread on e-85 this past week. Largest ever around here.
Luckylindy Champion Author Milwaukee Posts:4,524 Points:1,129,020 Joined:May 2008	Message Posted: Jan 19, 2013 11:26:10 AM Ignore Luckylindy Report Abuse There is a glut because no one wants it.
Don20 Champion Author Oklahoma City Posts:9,682 Points:2,621,580 Joined:Mar 2005	Message Posted: Jan 19, 2013 11:22:29 AM Ignore Don20 Report Abuse If they are loosing money making ethanol, hope they loose the A$$. Maybe they will stop making ethanol. Corn is for the kitchen table not fuel...
Gary65 Champion Author Toronto Posts:1,703 Points:784,720 Joined:Jan 2009	Message Posted: Jan 19, 2013 10:45:38 AM Ignore Gary65 Report Abuse Once and for all forget about Ethanol.
SUPERSTEVIEO Champion Author Quebec Posts:3,523 Points:787,115 Joined:Oct 2010	Message Posted: Jan 19, 2013 10:43:14 AM Ignore SUPERSTEVIEO Report Abuse get rid of ethanol in gas.....
dr047 Champion Author Cleveland Posts:2,602 Points:519,395 Joined:Aug 2010	Message Posted: Jan 19, 2013 10:42:11 AM Ignore dr047 Report Abuse Attention do nothing congress: WE DON'T WANT THIS CRAP! signed Your Employer
Point__man Champion Author Raleigh Posts:4,345 Points:879,645 Joined:Oct 2010	Message Posted: Jan 19, 2013 10:38:36 AM Ignore Point__man Report Abuse If they work at it enough, they will manage to raise gasoline prices to $5/gallon before summer season gets here ;) Hiding how they did it is becoming more difficult as if anyone really cared anymore ;)
91_Metro_Man Champion Author Ventura Posts:1,837 Points:1,571,385 Joined:Dec 2007	Message Posted: Jan 19, 2013 10:33:08 AM Ignore 91_Metro_Man Report Abuse Get the ethanol out of our gas. Its trouble for the internal combustion engine.
merlinCO Champion Author Colorado Posts:1,650 Points:343,345 Joined:Mar 2012	Message Posted: Jan 19, 2013 10:33:06 AM Ignore merlinCO Report Abuse Long ethanol to replace oil! Keep farmers and make renewable fuel.
4wheel Champion Author Pittsburgh Posts:19,154 Points:2,743,690 Joined:Sep 2005	Message Posted: Jan 19, 2013 10:29:07 AM Ignore 4wheel Report Abuse Did anyone notice how quick they took this article off the homepage?
sivart Champion Author Arkansas Posts:18,238 Points:3,072,910 Joined:May 2004	Message Posted: Jan 19, 2013 10:28:19 AM Ignore sivart Report Abuse Stop giving them my hard earned tax money and see how long they (refineries) will last!!! Use my tax dollors for something useful!!!
Tsunamiron Champion Author Jacksonville Posts:1,439 Points:559,775 Joined:Mar 2011	Message Posted: Jan 19, 2013 10:27:45 AM Ignore Tsunamiron Report Abuse The government is taking over. They control what we put in our cars. They control what we put in our mouths. Time to move out of America.
scu227 Champion Author New Haven Posts:4,162 Points:773,830 Joined:Feb 2011	Message Posted: Jan 19, 2013 10:27:16 AM Ignore scu227 Report Abuse Ethanol is not the answer, it is only adding to the cost of food.
bell05 Champion Author Atlanta Posts:9,265 Points:1,878,560 Joined:Jun 2005	Message Posted: Jan 19, 2013 10:26:36 AM Ignore bell05 Report Abuse Well Hi1, you are wrong, wrong, wrong. Down and away with ethanol.
Diesel_Ram Champion Author Dallas Posts:6,512 Points:1,520,410 Joined:Jan 2009	Message Posted: Jan 19, 2013 10:26:05 AM Ignore Diesel_Ram Report Abuse What a sick jok this is!
slayur Champion Author Chicago Posts:1,533 Points:1,219,020 Joined:Sep 2005	Message Posted: Jan 19, 2013 10:25:56 AM Ignore slayur Report Abuse Forget ETHANOL...
Wolfwings Champion Author Delaware Posts:8,750 Points:1,778,415 Joined:May 2004	Message Posted: Jan 19, 2013 10:25:00 AM Ignore Wolfwings Report Abuse Sinceethanol LOWERS MPG, it would seem likely that it would beBETTER for us to NOT use it. Oh, Wait.... we are talking GUMMINT folks forcing iton us.
diesel8888 Champion Author Salt Lake City Posts:1,202 Points:361,335 Joined:Nov 2011	Message Posted: Jan 19, 2013 10:24:58 AM Ignore diesel8888 Report Abuse What's next? Putting cyanide in our drinking water because population overgrowth? Come guys, you are killing our cars over here!
Tnerbeel Champion Author Houston Posts:8,835 Points:1,750,785 Joined:Mar 2007	Message Posted: Jan 19, 2013 10:24:45 AM Ignore Tnerbeel Report Abuse 13% less expensive and 20% less efficient. What a deal!! Not to mention all the small engine repair jobs it creates.
4wheel Champion Author Pittsburgh Posts:19,154 Points:2,743,690 Joined:Sep 2005	Message Posted: Jan 19, 2013 10:24:37 AM Ignore 4wheel Report Abuse The reason there is a glut is they cant sell it anywhere but here because no one else wants this crap! If the consumer had a choice, the ethanol producers would be out of business! But, we all know that is not going to happen! The farm lobby is just too strong. [Edited by: 4wheel at 1/19/2013 10:25:46 AM EST]
infinititom Champion Author Dallas Posts:1,004 Points:519,330 Joined:Oct 2011	Message Posted: Jan 19, 2013 10:24:06 AM Ignore infinititom Report Abuse And taxpayers are paying for it.
ARCO Champion Author Pittsburgh Posts:2,358 Points:2,379,320 Joined:Sep 2005	Message Posted: Jan 19, 2013 10:23:43 AM Ignore ARCO Report Abuse YEP
Hi1 Champion Author Ontario Posts:4,865 Points:1,726,560 Joined:Jun 2007	Message Posted: Jan 19, 2013 10:23:38 AM Ignore Hi1 Report Abuse I do not believe in ethanol should take it off the market.
Buckeyee Champion Author Maine Posts:4,616 Points:901,575 Joined:May 2010	Message Posted: Jan 19, 2013 10:23:25 AM Ignore Buckeyee Report Abuse As long as Obama & the democrats are in power, the ethanol lobby has friends in their pocket.
LuthierKS Champion Author Wichita Posts:3,758 Points:731,880 Joined:Apr 2011	Message Posted: Jan 19, 2013 10:20:13 AM Ignore LuthierKS Report Abuse The production of ethanol should go to zero.
INBwana Champion Author Indiana Posts:5,477 Points:697,935 Joined:Apr 2011	Message Posted: Jan 19, 2013 10:20:11 AM Ignore INBwana Report Abuse We need to stop using food and feed products for fuel.
freedomsailor Champion Author Naples Posts:2,139 Points:412,620 Joined:Oct 2011	Message Posted: Jan 19, 2013 10:20:01 AM Ignore freedomsailor Report Abuse A corny post.
chevellefan Champion Author Georgia Posts:2,738 Points:594,520 Joined:Sep 2011	Message Posted: Jan 19, 2013 10:19:53 AM Ignore chevellefan Report Abuse go figure