Konrad Imielinski - Seeking Alpha 'Konrad Imielinski' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/konrad-imielinski Breaking Down the Past Nine Months of Oil http://seekingalpha.com/article/177189-breaking-down-the-past-nine-months-of-oil?source=feed 177189 Crude oil prices have risen from $44.76 to $77.28 (up $32.52, 72.65%) between March and November.

Nine-Month Chart:

]]> Tue, 08 Dec 2009 23:29:34 -0500 Konrad Imielinski Konrad Imielinski submits:

Crude oil prices have risen from $44.76 to $77.28 (up $32.52, 72.65%) between March and November.

Nine-Month Chart:


Complete Story »]]> Konrad Imielinski Tracking the Price of Oil http://seekingalpha.com/article/138163-tracking-the-price-of-oil?source=feed 138163 Oil prices have risen $20.40 (57%) between February 11th and May 15th.

USO vs. ^DJI

]]> Mon, 18 May 2009 04:48:19 -0400 Konrad Imielinski Konrad Imielinski submits:

Oil prices have risen $20.40 (57%) between February 11th and May 15th.

USO vs. ^DJI


Complete Story »]]> USO OIL DBO Konrad Imielinski Oil Price Moves (February 11 - April 9) http://seekingalpha.com/article/130571-oil-price-moves-february-11-april-9?source=feed 130571 Oil prices have risen $16.30 (45%) within this time frame:

USO vs. ^DJI

]]> Sun, 12 Apr 2009 07:36:03 -0400 Konrad Imielinski Konrad Imielinski submits:

Oil prices have risen $16.30 (45%) within this time frame:

USO vs. ^DJI


Complete Story »]]> USO OIL Konrad Imielinski Oil Price Moves (February 11 - March 27) http://seekingalpha.com/article/128328-oil-price-moves-february-11-march-27?source=feed 128328 For my daily updates, click here.

Oil prices have risen $16.44 (46%) within this time frame:

]]> Sun, 29 Mar 2009 05:16:24 -0400 Konrad Imielinski Konrad Imielinski submits:

For my daily updates, click here.

Oil prices have risen $16.44 (46%) within this time frame:


Complete Story »]]> USO OIL Konrad Imielinski What's Been Moving Oil Prices? http://seekingalpha.com/article/126810-what-s-been-moving-oil-prices?source=feed 126810
Oil prices have risen $12.20 (34%) within this time frame:
March 18th (Wednesday) - Oil falls $1.02 to $48.14 a barrel
The reason: Wednesday's weekly EIA report showed that gasoline inventories rose by 3.2 million barrels. Analysts expected a drop of 2.1 million barrels.
March 17th (Tuesday) - Oil rises $1.81 to 49.16 a barrel
The reason: Government data showed that the number of housing starts surprisingly jumped by 22 percent in February, the largest percentage rise since January 1990.
March 16th (Monday) - Oil jumps $1.10 to $47.35 a barrel
The reason: In an interview with "60 Minutes", Ben Bernanke said that "we'll see the recession coming to an end probably this year." This optimism overshadowed OPEC's decision to keep output unchanged.
March 13th (Friday) - Oil falls 78 cents to $46.25 a barrel
The reason: An OPEC report showed world oil demand contracting faster than expected.
March 12th (Thursday) - Oil surges $4.70 to $47.03 a barrel
The reason: Oil rose on better than expected U.S. retail sales data and in anticipation of OPEC's meeting this Sunday.
March 11th (Wednesday) - Oil plunges $3.38 to $42.33 a barrel
The reason: U.S. crude inventories surprisingly increased 700,000 barrels for the week ended March 6th as analysts had expected a drop of 1 million barrels.
March 10th (Tuesday) - Oil drops $1.36 to $45.71 a barrel
The reason: The U.S. Energy Department cut its world oil demand forecast for 2009.
March 9th (Monday) - Oil gains $1.55 to $47.07 a barrel
The reason: Oil hit a two-month high today on speculation that OPEC will cut more production when it meets this Sunday.
March 6th (Friday) - Oil jumps $1.91 to $45.52 a barrel
The reason: The dollar fell against the euro, making oil more attractive to foreign investors, as the U.S. unemployment rate jumped to its highest level in 26 years.
March 5th (Thursday) - Oil drops $1.77 to $43.61 a barrel
The reason: Oil prices followed the U.S. stock market lower as the Dow ended at a new 12-year low. Support also came after China announced it will not add to its $586 billion stimulus package.
March 4th (Wednesday) - Oil soars $3.73 to $45.38 a barrel
The reason: The EIA report revealed a 700,000 barrel drop in crude inventories for the week ended Feb. 27th. Analysts had expected crude stocks to rise 2.2 million barrels. Additional support came from speculation that China will soon announce a hefty stimulus package.
March 3rd (Tuesday) - Oil rises $1.50 to $41.65 a barrel
The reason: Oil prices rose despite more gloomy U.S. economic data after an oil pipeline operated by Royal Dutch Shell (RDS.A) in Nigeria exploded. Analysts expect tomorrow's EIA report to show a 2.2 million barrel rise in crude inventories and a 600,000 barrel drop in gasoline inventories.
March 2nd (Monday) - Oil plunges $4.61 to $40.15 a barrel
The reason: Oil prices declined sharply on demand worries as the Dow dropped below the 7000 mark for the first time since 1997. In addition, the US Commerce Department reported that construction spending in January fell to a four-year low.
February 27th (Friday) - Oil slips 46 cents to $44.76 a barrel
The reason: U.S. GDP for the last quarter of 2008 was downwardly-revised from -3.8% to -6.2%.
February 26th (Thursday) - Oil surges $2.72 to $45.22 a barrel
The reason: The main oil supplier of the United Arab Emirates unexpectedly announced that it will cut 15%-17% of its April crude supplies to Asia. Support also came from yesterday's EIA report which showed U.S. gasoline demand rising.
February 25th (Wednesday) - Oil rises $2.54 to $42.50 a barrel
The reason: The EIA report revealed that gasoline inventories unexpectedly dropped 3.4 million barrels and that crude inventories only rose 700,000 barrels. Analysts had expected gasoline inventories to fall 100,000 barrels and crude inventories to rise 2 million barrels.
February 24th (Tuesday) - Oil jumps $1.52 to $39.96 a barrel
The reason: Oil followed US stocks higher after Ben Bernanke told Congress that the nationalization of banks is unlikely and that the "severe" recession could end this year. The 25th will be dictated by the EIA's Weekly Petroleum Status Report as analysts expect crude inventories to rise 2 million barrels for the week ended Feb. 20.
February 23rd (Monday) - Oil slides $1.59 to $38.44
The reason: Oil followed the tumbling U.S. stock market today despite a warning that OPEC will likely cut output when members meet next month on March 15th.
February 20th (Friday) - Oil falls 54 cents to $38.94 a barrel
The reason: Pessimism in the stock market spilled over into oil.
February 19th (Thursday) - Oil surges $4.86 to $39.48 a barrel
The reason: The weekly EIA report revealed a surprising drop in U.S. crude inventories. Inventories fell for the first time this year, declining 138,000 barrels. Analysts expected an increase of 1.8 million barrels.
February 18th (Wednesday) - Oil drops 31 cents to $34.62 a barrel
The reason: Investors expect the next day's weekly EIA report to show an increase once again in U.S. crude inventories. Analysts estimate an increase of 1.8 million barrels for the week ended Feb. 13.
February 17th (Tuesday) - Oil tumbles $2.58 to $34.93 a barrel
The reason: Gloomy data around the globe continues to weigh on investor sentiment. Japan reported Monday that it is suffering its worst economic downturn in 35 years.
February 13th (Friday) - Oil shoots up $3.53 to $37.51 a barrel
The reason: The House approved Obama's economic stimulus package today as investors hope this can revitalize demand.
February 12th (Thursday) - Oil slips $1.96 to $33.98 a barrel
The reason: Investors are worrying that inventories will continue to increase due to the overall lack of demand. This is the fifth consecutive day oil has been down.
February 11th (Wednesday) - Oil falls $1.62 to $35.94 a barrel
The reason: A weekly report from the Energy Information Administration revealed a larger-than-expected increase in crude inventories for the week ended Feb. 6. Supplies rose 4.7 million barrels which surpassed the average analyst estimate of ~ 3 million. Crude inventories have gained in 18 of the past 20 weeks. Lack of demand much?

Stock position: None.

]]> Thu, 19 Mar 2009 07:53:56 -0400 Konrad Imielinski Konrad Imielinski submits:

Oil prices have risen $12.20 (34%) within this time frame:
March 18th (Wednesday) - Oil falls $1.02 to $48.14 a barrel
The reason: Wednesday's weekly EIA report showed that gasoline inventories rose by 3.2 million barrels. Analysts expected a drop of 2.1 million barrels.
March 17th (Tuesday) - Oil rises $1.81 to 49.16 a barrel
The reason: Government data showed that the number of housing starts surprisingly jumped by 22 percent in February, the largest percentage rise since January 1990.
March 16th (Monday) - Oil jumps $1.10 to $47.35 a barrel
The reason: In an interview with "60 Minutes", Ben Bernanke said that "we'll see the recession coming to an end probably this year." This optimism overshadowed OPEC's decision to keep output unchanged.
March 13th (Friday) - Oil falls 78 cents to $46.25 a barrel
The reason: An OPEC report showed world oil demand contracting faster than expected.
March 12th (Thursday) - Oil surges $4.70 to $47.03 a barrel
The reason: Oil rose on better than expected U.S. retail sales data and in anticipation of OPEC's meeting this Sunday.
March 11th (Wednesday) - Oil plunges $3.38 to $42.33 a barrel
The reason: U.S. crude inventories surprisingly increased 700,000 barrels for the week ended March 6th as analysts had expected a drop of 1 million barrels.
March 10th (Tuesday) - Oil drops $1.36 to $45.71 a barrel
The reason: The U.S. Energy Department cut its world oil demand forecast for 2009.
March 9th (Monday) - Oil gains $1.55 to $47.07 a barrel
The reason: Oil hit a two-month high today on speculation that OPEC will cut more production when it meets this Sunday.
March 6th (Friday) - Oil jumps $1.91 to $45.52 a barrel
The reason: The dollar fell against the euro, making oil more attractive to foreign investors, as the U.S. unemployment rate jumped to its highest level in 26 years.
March 5th (Thursday) - Oil drops $1.77 to $43.61 a barrel
The reason: Oil prices followed the U.S. stock market lower as the Dow ended at a new 12-year low. Support also came after China announced it will not add to its $586 billion stimulus package.
March 4th (Wednesday) - Oil soars $3.73 to $45.38 a barrel
The reason: The EIA report revealed a 700,000 barrel drop in crude inventories for the week ended Feb. 27th. Analysts had expected crude stocks to rise 2.2 million barrels. Additional support came from speculation that China will soon announce a hefty stimulus package.
March 3rd (Tuesday) - Oil rises $1.50 to $41.65 a barrel
The reason: Oil prices rose despite more gloomy U.S. economic data after an oil pipeline operated by Royal Dutch Shell (RDS.A) in Nigeria exploded. Analysts expect tomorrow's EIA report to show a 2.2 million barrel rise in crude inventories and a 600,000 barrel drop in gasoline inventories.
March 2nd (Monday) - Oil plunges $4.61 to $40.15 a barrel
The reason: Oil prices declined sharply on demand worries as the Dow dropped below the 7000 mark for the first time since 1997. In addition, the US Commerce Department reported that construction spending in January fell to a four-year low.
February 27th (Friday) - Oil slips 46 cents to $44.76 a barrel
The reason: U.S. GDP for the last quarter of 2008 was downwardly-revised from -3.8% to -6.2%.
February 26th (Thursday) - Oil surges $2.72 to $45.22 a barrel
The reason: The main oil supplier of the United Arab Emirates unexpectedly announced that it will cut 15%-17% of its April crude supplies to Asia. Support also came from yesterday's EIA report which showed U.S. gasoline demand rising.
February 25th (Wednesday) - Oil rises $2.54 to $42.50 a barrel
The reason: The EIA report revealed that gasoline inventories unexpectedly dropped 3.4 million barrels and that crude inventories only rose 700,000 barrels. Analysts had expected gasoline inventories to fall 100,000 barrels and crude inventories to rise 2 million barrels.
February 24th (Tuesday) - Oil jumps $1.52 to $39.96 a barrel
The reason: Oil followed US stocks higher after Ben Bernanke told Congress that the nationalization of banks is unlikely and that the "severe" recession could end this year. The 25th will be dictated by the EIA's Weekly Petroleum Status Report as analysts expect crude inventories to rise 2 million barrels for the week ended Feb. 20.
February 23rd (Monday) - Oil slides $1.59 to $38.44
The reason: Oil followed the tumbling U.S. stock market today despite a warning that OPEC will likely cut output when members meet next month on March 15th.
February 20th (Friday) - Oil falls 54 cents to $38.94 a barrel
The reason: Pessimism in the stock market spilled over into oil.
February 19th (Thursday) - Oil surges $4.86 to $39.48 a barrel
The reason: The weekly EIA report revealed a surprising drop in U.S. crude inventories. Inventories fell for the first time this year, declining 138,000 barrels. Analysts expected an increase of 1.8 million barrels.
February 18th (Wednesday) - Oil drops 31 cents to $34.62 a barrel
The reason: Investors expect the next day's weekly EIA report to show an increase once again in U.S. crude inventories. Analysts estimate an increase of 1.8 million barrels for the week ended Feb. 13.
February 17th (Tuesday) - Oil tumbles $2.58 to $34.93 a barrel
The reason: Gloomy data around the globe continues to weigh on investor sentiment. Japan reported Monday that it is suffering its worst economic downturn in 35 years.
February 13th (Friday) - Oil shoots up $3.53 to $37.51 a barrel
The reason: The House approved Obama's economic stimulus package today as investors hope this can revitalize demand.
February 12th (Thursday) - Oil slips $1.96 to $33.98 a barrel
The reason: Investors are worrying that inventories will continue to increase due to the overall lack of demand. This is the fifth consecutive day oil has been down.
February 11th (Wednesday) - Oil falls $1.62 to $35.94 a barrel
The reason: A weekly report from the Energy Information Administration revealed a larger-than-expected increase in crude inventories for the week ended Feb. 6. Supplies rose 4.7 million barrels which surpassed the average analyst estimate of ~ 3 million. Crude inventories have gained in 18 of the past 20 weeks. Lack of demand much?

Stock position: None.


Complete Story »]]> USO OIL Konrad Imielinski Good News for Ethanol as Corn Dips and Pipeline Test a Success http://seekingalpha.com/article/100446-good-news-for-ethanol-as-corn-dips-and-pipeline-test-a-success?source=feed 100446 Corn prices settled below the $4 mark Wednesday for the first time since last October. December corn, the front-month contract, fell 23 1/4 cents to $3.88 per bushel. In the past month, corn prices have fallen $1.74 (31%) due to the rapid decline in both crude oil prices and the stock market. Luckily for U.S. ethanol producers, ethanol prices haven't been hit as badly as ethanol's crush spread has improved:

(what do I mean by ethanol's crush spread?)

]]> Fri, 17 Oct 2008 08:03:54 -0400 Konrad Imielinski Konrad Imielinski submits:

Corn prices settled below the $4 mark Wednesday for the first time since last October. December corn, the front-month contract, fell 23 1/4 cents to $3.88 per bushel. In the past month, corn prices have fallen $1.74 (31%) due to the rapid decline in both crude oil prices and the stock market. Luckily for U.S. ethanol producers, ethanol prices haven't been hit as badly as ethanol's crush spread has improved:

(what do I mean by ethanol's crush spread?)


Complete Story »]]> KMP DBA ADM ANDE AVR PEIX XNL VSUNQ.PK Konrad Imielinski Ethanol Stocks: The Good News and the Bad http://seekingalpha.com/article/96089-ethanol-stocks-the-good-news-and-the-bad?source=feed 96089 Good News:

As many of you already know, a major problem with ethanol is that it cannot be transported through existing pipelines because it is highly corrosive and water soluble. It seems, though, that several companies have recently been working to fix this problem. The article states that Houston-based Kinder Morgan Energy Partners (EPL) plans to run a test batch of ethanol this month through its 105-mile long underground gasoline pipeline.  If successful, the pipeline could be transporting ethanol on a commercial scale by year's end.

]]> Thu, 18 Sep 2008 06:46:42 -0400 Konrad Imielinski Konrad Imielinski submits:

Good News:

As many of you already know, a major problem with ethanol is that it cannot be transported through existing pipelines because it is highly corrosive and water soluble. It seems, though, that several companies have recently been working to fix this problem. The article states that Houston-based Kinder Morgan Energy Partners (EPL) plans to run a test batch of ethanol this month through its 105-mile long underground gasoline pipeline.  If successful, the pipeline could be transporting ethanol on a commercial scale by year's end.


Complete Story »]]> ADM ANDE AVR PEIX XNL EPL VSUNQ.PK Konrad Imielinski Ethanol Producers in Trouble as Corn Sets New Record http://seekingalpha.com/article/80406-ethanol-producers-in-trouble-as-corn-sets-new-record?source=feed 80406 Add "bad weather" to the already lengthy list of problems corn-ethanol needs to overcome. Heavy rains, severe winds, and tornadoes throughout the Midwest has propelled corn into uncharted territory. July corn on the CBOT rose 28.6 cents Thursday to settle at an all time high of $6.43 1/4 a bushel.

Farmers are saying this is the worst weather they have seen since 1993, when U.S. crops suffered from weeks of rain that eventually led to the severe flooding of the Mississippi river. Agriculture Secretary Ed Shafer expressed "a lot of concern" for the corn crop in Thursday's summit on the global food crisis.

]]> Fri, 06 Jun 2008 09:22:46 -0400 Konrad Imielinski Konrad Imielinski submits:

Add "bad weather" to the already lengthy list of problems corn-ethanol needs to overcome. Heavy rains, severe winds, and tornadoes throughout the Midwest has propelled corn into uncharted territory. July corn on the CBOT rose 28.6 cents Thursday to settle at an all time high of $6.43 1/4 a bushel.

Farmers are saying this is the worst weather they have seen since 1993, when U.S. crops suffered from weeks of rain that eventually led to the severe flooding of the Mississippi river. Agriculture Secretary Ed Shafer expressed "a lot of concern" for the corn crop in Thursday's summit on the global food crisis.


Complete Story »]]> ADM ANDE AVR PEIX XNL VSUNQ.PK Konrad Imielinski Ethanol Will Become a Fad Without Government Intervention http://seekingalpha.com/article/75780-ethanol-will-become-a-fad-without-government-intervention?source=feed 75780 John McCain and twenty-three other Republican Senators sent a letter last Friday to the EPA asking the agency to reevaluate the current ethanol mandate as food prices continue to soar. The EPA does have the authority to waive the mandate or structure it differently "if the mandate results in adverse unintended effects."

In the letter, McCain stated:

]]> Tue, 06 May 2008 02:52:06 -0400 Konrad Imielinski Konrad Imielinski submits:

John McCain and twenty-three other Republican Senators sent a letter last Friday to the EPA asking the agency to reevaluate the current ethanol mandate as food prices continue to soar. The EPA does have the authority to waive the mandate or structure it differently "if the mandate results in adverse unintended effects."

In the letter, McCain stated:


Complete Story »]]> ADM ANDE AVR PEIX XNL VSUNQ.PK Konrad Imielinski Cheaper Ethanol from Brazil Could Cripple U.S. Producers http://seekingalpha.com/article/72333-cheaper-ethanol-from-brazil-could-cripple-u-s-producers?source=feed 72333 Rumor has it that Brazil's ethanol producers are getting ready to invade the U.S. market. Many will be willing to swallow the 54-cent tariff (which is expected to expire in 2009) imposed on their ethanol. Joao Val, CFO of Sao Martinho SA, one of Brazil's leading ethanol producers, believes "Brazil is going to be much more aggressive this summer to sell ethanol...in the U.S."

With U.S. corn ethanol currently selling at a high price of $2.48 per gallon, many Brazilian companies see a lucrative opportunity in exporting their cheap sugar-cane based alternative. Even with the tariff included, Americans currently get to purchase Brazilian ethanol at a bargain price of around $2.18 a gallon. This number is bound to go even lower with Brazil harvesting a record-breaking sugarcane crop of over 500 million metric tons.

]]> Tue, 15 Apr 2008 06:17:05 -0400 Konrad Imielinski Konrad Imielinski submits:

Rumor has it that Brazil's ethanol producers are getting ready to invade the U.S. market. Many will be willing to swallow the 54-cent tariff (which is expected to expire in 2009) imposed on their ethanol. Joao Val, CFO of Sao Martinho SA, one of Brazil's leading ethanol producers, believes "Brazil is going to be much more aggressive this summer to sell ethanol...in the U.S."

With U.S. corn ethanol currently selling at a high price of $2.48 per gallon, many Brazilian companies see a lucrative opportunity in exporting their cheap sugar-cane based alternative. Even with the tariff included, Americans currently get to purchase Brazilian ethanol at a bargain price of around $2.18 a gallon. This number is bound to go even lower with Brazil harvesting a record-breaking sugarcane crop of over 500 million metric tons.


Complete Story »]]> Konrad Imielinski VeraSun's Corn Costs - Another Bearish Sign for Ethanol Stocks http://seekingalpha.com/article/70648-verasun-s-corn-costs-another-bearish-sign-for-ethanol-stocks?source=feed 70648 Let's see how VeraSun faired with its first quarter corn costs:

VeraSun's Daily Corn Bids for 1Q2008

]]> Tue, 01 Apr 2008 02:40:13 -0400 Konrad Imielinski Konrad Imielinski submits:

Let's see how VeraSun faired with its first quarter corn costs:

VeraSun's Daily Corn Bids for 1Q2008


Complete Story »]]> ADM ANDE AVR PEIX XNL VSUNQ.PK Konrad Imielinski Pacific Ethanol Anticipates a Gloomy Q4 http://seekingalpha.com/article/69155-pacific-ethanol-anticipates-a-gloomy-q4?source=feed 69155 After its largest one-day gain in nearly four months, Pacific Ethanol (PEIX) disturbed investors by releasing its anticipated fourth quarter earnings.


What did the report say? ]]> Wed, 19 Mar 2008 05:51:47 -0400 Konrad Imielinski Konrad Imielinski submits:

After its largest one-day gain in nearly four months, Pacific Ethanol (PEIX) disturbed investors by releasing its anticipated fourth quarter earnings.


What did the report say?
Complete Story »]]> PEIX Konrad Imielinski Ethanol Stocks Continue to Fall Hard http://seekingalpha.com/article/67603-ethanol-stocks-continue-to-fall-hard?source=feed 67603 Ethanol stocks plummeted Thursday due to Wednesday's news of corn shooting up 14 cents and Bush finally showing concern over corn-ethanol.

VeraSun (-9.03%) and Aventine (-12.02%) hit new 52-week lows while Pacific Ethanol (-10.90%) neared its own of $4.20 a share.

]]> Fri, 07 Mar 2008 05:28:56 -0500 Konrad Imielinski Konrad Imielinski submits:

Ethanol stocks plummeted Thursday due to Wednesday's news of corn shooting up 14 cents and Bush finally showing concern over corn-ethanol.

VeraSun (-9.03%) and Aventine (-12.02%) hit new 52-week lows while Pacific Ethanol (-10.90%) neared its own of $4.20 a share.


Complete Story »]]> PEIX XNL AVR ANDE ADM VSUNQ.PK Konrad Imielinski Ethanol Update: Crush Spread Plunges, Bush Expresses Concern http://seekingalpha.com/article/67363-ethanol-update-crush-spread-plunges-bush-expresses-concern?source=feed 67363 Here are today's biggest stories surrounding the sector:

- The combination of March corn climbing 14 cents and March ethanol falling 4.6 cents caused ethanol's crush spread to drop 27 cents today to $1.02. Corn prices shot up as a result of oil's $5 run.

]]> Thu, 06 Mar 2008 02:42:32 -0500 Konrad Imielinski Konrad Imielinski submits:

Here are today's biggest stories surrounding the sector:

- The combination of March corn climbing 14 cents and March ethanol falling 4.6 cents caused ethanol's crush spread to drop 27 cents today to $1.02. Corn prices shot up as a result of oil's $5 run.


Complete Story »]]> ADM ANDE AVR PEIX XNL VSUNQ.PK Konrad Imielinski Ethanol Stocks Drop Hard on High Corn Prices http://seekingalpha.com/article/67198-ethanol-stocks-drop-hard-on-high-corn-prices?source=feed 67198 Here are today's biggest stories surrounding the sector:

- News of corn reaching an all-time high caused pure-play ethanol stocks to tumble Tuesday. VeraSun was the biggest loser as it dropped $1.18 (13.21%) to a 52-week low of $7.75 a share. On the CBOT, March corn retreated 12.4 cents to $5.43 per bushel (on profit-taking) while March ethanol dropped only .001 cent to $2.400 per gallon.

]]> Wed, 05 Mar 2008 03:49:40 -0500 Konrad Imielinski Konrad Imielinski submits:

Here are today's biggest stories surrounding the sector:

- News of corn reaching an all-time high caused pure-play ethanol stocks to tumble Tuesday. VeraSun was the biggest loser as it dropped $1.18 (13.21%) to a 52-week low of $7.75 a share. On the CBOT, March corn retreated 12.4 cents to $5.43 per bushel (on profit-taking) while March ethanol dropped only .001 cent to $2.400 per gallon.


Complete Story »]]> ADM ANDE AVR PEIX XNL VSUNQ.PK Konrad Imielinski Ethanol: Corn Hits New High, Verenium Wins Grant http://seekingalpha.com/article/66626-ethanol-corn-hits-new-high-verenium-wins-grant?source=feed 66626 Today's biggest stories surrounding the sector:

1) Uh-Oh! March Corn reached a new all-time high today as it shot up 18 1/4 cents to $5.43 1/4 per bushel. The rise was due to a record setting rally by both gold ($975 per ounce) and oil ($102.59 per barrel) as the U.S. dollar fell to a record low against the Euro. Ethanol on the CBOT managed to rise 3.9 cents to $2.359 per gallon. After today's trading, ethanol's crush spread has fallen to $1.17.

]]> Fri, 29 Feb 2008 03:58:13 -0500 Konrad Imielinski Konrad Imielinski submits:

Today's biggest stories surrounding the sector:

1) Uh-Oh! March Corn reached a new all-time high today as it shot up 18 1/4 cents to $5.43 1/4 per bushel. The rise was due to a record setting rally by both gold ($975 per ounce) and oil ($102.59 per barrel) as the U.S. dollar fell to a record low against the Euro. Ethanol on the CBOT managed to rise 3.9 cents to $2.359 per gallon. After today's trading, ethanol's crush spread has fallen to $1.17.


Complete Story »]]> ADM ANDE AVR PEIX XNL VRNM VSUNQ.PK Konrad Imielinski Ethanol: Three Developments to Watch http://seekingalpha.com/article/66399-ethanol-three-developments-to-watch?source=feed 66399 Here are today's biggest stories surrounding the sector:

-The House approved an $18 billion tax package today that would repeal a tax break for the country's five largest oil companies. The money, which would be collected over 10 years, would be used to provide tax breaks for alternative energy sources such as wind, solar, and cellulosic ethanol. President Bush, though, is expected to veto the bill if it passes Congress. This is odd considering Bush was the one who stated two years ago - when oil was at $55 as barrel - that oil companies no longer need government subsidies. With oil currently hovering around $100 a barrel and oil companies reporting record profits, why is Bush threatening to veto? Republicans are worried the new tax "would inhibit investments in domestic oil and gas exploration and production." Oh, Please!

]]> Thu, 28 Feb 2008 02:41:51 -0500 Konrad Imielinski Konrad Imielinski submits:

Here are today's biggest stories surrounding the sector:

-The House approved an $18 billion tax package today that would repeal a tax break for the country's five largest oil companies. The money, which would be collected over 10 years, would be used to provide tax breaks for alternative energy sources such as wind, solar, and cellulosic ethanol. President Bush, though, is expected to veto the bill if it passes Congress. This is odd considering Bush was the one who stated two years ago - when oil was at $55 as barrel - that oil companies no longer need government subsidies. With oil currently hovering around $100 a barrel and oil companies reporting record profits, why is Bush threatening to veto? Republicans are worried the new tax "would inhibit investments in domestic oil and gas exploration and production." Oh, Please!


Complete Story »]]> ADM ANDE AVR PEIX XNL VSUNQ.PK Konrad Imielinski $3 Billion Ethanol Pipeline Coming http://seekingalpha.com/article/65435-3-billion-ethanol-pipeline-coming?source=feed 65435 A significant problem with ethanol is that it corrodes current pipelines due to its solubility in water. This makes it difficult to transport the fuel long distances as this is a hurdle the industry desperately needs to overcome.

Good news, though, is that Magellan Midstream Partners - a company that pipes gasoline - is planning on constructing a $3 billion ethanol pipeline. "The line would bring ethanol from production facilities in Iowa, Illinois, Minnesota and South Dakota to terminals in Pittsburgh, Philadelphia and the New York harbor."

]]> Thu, 21 Feb 2008 03:10:48 -0500 Konrad Imielinski Konrad Imielinski submits:

A significant problem with ethanol is that it corrodes current pipelines due to its solubility in water. This makes it difficult to transport the fuel long distances as this is a hurdle the industry desperately needs to overcome.

Good news, though, is that Magellan Midstream Partners - a company that pipes gasoline - is planning on constructing a $3 billion ethanol pipeline. "The line would bring ethanol from production facilities in Iowa, Illinois, Minnesota and South Dakota to terminals in Pittsburgh, Philadelphia and the New York harbor."


Complete Story »]]> Konrad Imielinski The Price VeraSun Pays For Corn http://seekingalpha.com/article/64077-the-price-verasun-pays-for-corn?source=feed 64077 Below are the daily prices VeraSun (VSE) paid for its fourth-quarter corn and beyond. The average price from October 1st to December 31st for VeraSun's three plants - Aurora (120), Fort Dodge (110), and Charles City (110) - was $3.58 per bushel. The Linden (110) and Albion (110) plants are not accounted for as their daily corn bids are not available. In the new year, VeraSun's average corn bid has horrifically risen to $4.60 per bushel. In its previous quarters, VeraSun has paid an average of $3.32 (third), $3.62 (second), and $4.05 (first).

]]> Mon, 11 Feb 2008 11:40:39 -0500 Konrad Imielinski Konrad Imielinski submits:

Below are the daily prices VeraSun (VSE) paid for its fourth-quarter corn and beyond. The average price from October 1st to December 31st for VeraSun's three plants - Aurora (120), Fort Dodge (110), and Charles City (110) - was $3.58 per bushel. The Linden (110) and Albion (110) plants are not accounted for as their daily corn bids are not available. In the new year, VeraSun's average corn bid has horrifically risen to $4.60 per bushel. In its previous quarters, VeraSun has paid an average of $3.32 (third), $3.62 (second), and $4.05 (first).


Complete Story »]]> PEIX VRNM BFRE.OB VSUNQ.PK Konrad Imielinski Ethanol Gets Less Attention in Bush's State of the Union Address http://seekingalpha.com/article/62054-ethanol-gets-less-attention-in-bush-s-state-of-the-union-address?source=feed 62054 In his 2005 State of the Union Address, President Bush stated that there is "strong funding for...ethanol." In his 2006 Address, he revealed his plan to make ethanol "practical and competitive within six years" after he famously stated "America is addicted to oil." It was this announcement that established ethanol as an alternative energy powerhouse as ethanol stocks immediately bubbled to new highs.

In his 2007 Address, Bush announced that "we must continue investing in new methods of producing ethanol, using everything from wood chips to grasses, to agricultural wastes" in hope of "reducing gasoline usage in the United States by 20 percent in the next 10 years."

]]> Tue, 29 Jan 2008 09:24:45 -0500 Konrad Imielinski Konrad Imielinski submits:

In his 2005 State of the Union Address, President Bush stated that there is "strong funding for...ethanol." In his 2006 Address, he revealed his plan to make ethanol "practical and competitive within six years" after he famously stated "America is addicted to oil." It was this announcement that established ethanol as an alternative energy powerhouse as ethanol stocks immediately bubbled to new highs.

In his 2007 Address, Bush announced that "we must continue investing in new methods of producing ethanol, using everything from wood chips to grasses, to agricultural wastes" in hope of "reducing gasoline usage in the United States by 20 percent in the next 10 years."


Complete Story »]]> ADM PEIX ANDE AVR XNL VSUNQ.PK Konrad Imielinski