Pacific Ethanol, Inc. (PEIX)

All Comments on PEIX

  • commenter
    Aug 08 09:21 AM
    My Website
    EPA Rejects Congress's Ethanol Waiver [view article]
    Corn is off 35% from recent highs as ethanol production continues to grow. I think this issue has passed. Nothing will change except ethanol companies will start making some profits. Reply
  • commenter
    Aug 08 09:06 AM
    Wall Street Breakfast: Must-Know News [view article]
    Help to lower oil prices so food will cost less too and airlines will pay less for fuel. Go To:

    www.stopoilspeculation.../

    And sign the petition.
    Reply
  • commenter
    Aug 08 09:05 AM
    EPA Rejects Congress's Ethanol Waiver [view article]
    The Governor of Texas, possibly the largest Oil producing state is against the production of Ethanol? What a surprise.

    Cattle ranchers in his state have to pay too much for corn? Everybody in my state is paying too much for gasoline and alot of it comes from Texas. When we mandate how much Texas charges for oil, he can have some input on how much ethanol we make.
    Reply
  • commenter
    Aug 08 08:56 AM
    My Website
    EPA Rejects Congress's Ethanol Waiver [view article]
    "Perry may disagree, but a report from the Council of Economic Advisors in May said only 3% of the 40% increase in food costs worldwide could be attributed to the diversion of corn to ethanol production."

    And a report from the World Bank said that "7075 percent [of the] increase in food-commodity prices [between January 2002 and June 2008] was due to biofuels and the related consequences of low grain stocks, large land-use shifts, speculative activity and export bans."

    econ.worldbank.org/ext...
    Reply
  • commenter
    Aug 08 08:24 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    When a company reports a loss, say 10 cents, it is difficult to assess what is meant by "missed by 003" -- does that mean the estimated loss was 7 cents or 13 cents? Reply
  • commenter
    Aug 08 08:11 AM
    EPA Rejects Congress's Ethanol Waiver [view article]
    as usual the USEPA is out to lunch. here you have a bunch of lawyers (not an agricultural economist among them) who are totally disconnected from the real world.
    > jack
    Reply
  • commenter
    Aug 08 07:50 AM
    Wall Street Breakfast: Must-Know News [view article]
    Your AES info is wrong. AES had a Q2 EPS of $0.37, beating by $0.07. Please make the correction. Thanks. Reply
  • commenter
    Aug 07 08:55 AM
    My Website
    Is the Ethanol Mandate Likely to be Repealed? [view article]
    Back again.

    I am happy that my investment in VeraSun Energy is up 65% in the last 5 weeks.

    And Mr. Subsidy Eye, I see you are Swiss based. Are you interested in U.S. investing or using Seeking Alpha for another agenda?
    Reply
  • commenter
    Aug 07 08:51 AM
    My Website
    Is the Ethanol Mandate Likely to be Repealed? [view article]
    Subsidy Eye,
    I appreciate your comments on my "analysis". You have valid points. I will reply on the acreage note, looking at the graphs is is fairly obvious that from 06 to 07 farmers elected to plant corn instead of soybeans. Note that soybean acreage fell quite a bit. I grew up in Iowa and farmers their plant either corn or soybeans depending on what they believe will be most profitable. Also, the first graph in you link shows total planted acreage for all crops pretty level for the last several years and well below the amount planted in the 1980's.

    In regards to Brazilian ethanol I find it very hard to believe that the U.S. Congress would ever pass legislation that would benefit Brazilian agriculture at the disadvantage of U.S. farmers. Think about it.
    Reply
  • commenter
    Aug 06 06:48 PM
    My Website
    Is the Ethanol Mandate Likely to be Repealed? [view article]
    Bouzerdad: The Amish use, essentially, organic growing methods. Great if more producers can adopt those, but lot's of luck. The percentage of U.S. land planted to corn on farms that are certified organic is a fraction of 1%. Reply
  • commenter
    Aug 06 10:23 AM
    Is the Ethanol Mandate Likely to be Repealed? [view article]
    Hey, I believe the Ahmish figured out how to grow corn without diesal fuel......lets see what new technology they employ ......or just buy from them.
    ...point being the way we historically do things is not necessitate that they will always be the best practice. Lots of efficiencies will be gained as demand and competition increases.
    Reply
  • commenter
    Aug 06 02:30 AM
    Is the Ethanol Mandate Likely to be Repealed? [view article]
    It's a fact of life, and will only get worse... the taxes on oil companies will only rise.

    Someday soon, I fear that the US Gov will finally do the currently "unthinkable"... confiscate effectively all profits from public energy companies... with a 90%+ tax rate.

    They will use their "Warts on Terriers" justification. It will be speechified that back during WWI & WWII there were "dollar a year men", and that nobody should profit while the "Wart" is on.

    Of course, by then, marginal personal income tax rates will probably be over 75%, social sec taxes will be over 25%, unemployment will be 50%+ (except for government employee types)...

    And smart Americans will already be living and working in Russia, sending care packages by DHL back to their unlucky brethren.
    Reply
  • commenter
    Aug 05 12:52 PM
    Is the Ethanol Mandate Likely to be Repealed? [view article]
    The myth of big oil subsides is just that a myth. There aren't any except for the same tax deductions any company gets. The fact is oil companies collect and pay nearly 3 times as much in taxes as they net in income, much of which is distributed to their shareholders (us), the rest goes into reinvestment and exploration.

    Last quarter for example Exxon-Mobile Paid $32 Billion in taxes and there net profit was $11.6 Billion. So if you want wind-fall profits just look to the government there take is all wind-fall.
    Reply
  • commenter
    Aug 05 11:34 AM
    My Website
    Is the Ethanol Mandate Likely to be Repealed? [view article]
    I'm increasingly under the impression that Tim Plaehn just pulls his information from thin air. He writes,

    "Has anyone figured how much more energy farmers are using to harvest the same amount of corn that they harvested before ethanol became a major user of corn. I would guess that energy usage in the farm belt has not changed since the ethanol boom. The corn raised is just going for a different purpose. The same number of corn acreage is still being planted."

    This is an interesting comment in itself, because if it were true, it would underscore the argument that fuel is competing with food (or, to be accurate, feed). But the same corn acreage is NOT being planted. New acreage, some not previously plowed (e.g., former pastures or orchards), has been planted to corn over the last several years. Other acres have been planted to corn that were previously planted to wheat or soybeans. Overall, 19.5% more acres were planted to corn in 2007/08 than in 2006/07. See the graphs on this USDA web page:

    www.ers.usda.gov/brief...

    Generally, corn requires more fertilizer and more machinery fuel per acre (not necessarily per ton) than wheat. Not a lot more, but some more. And certainly corn cultivation requires a lot more fuel than grazing cattle.

    Tim Plaehn then claims,

    "[A]t the present time Brazil has enough excess ethanol capacity to provide less than 10% of the U.S. demand and are already shipping most of their excess capacity to the U.S. It would take them several years to tear up enough rain forest to plant enough sugar and build enough plants to make a major dent in the U.S. usage."

    This is a self-serving argument, one frequently used by protectionists: "There is no point in lowering trade barriers, because our foreign competitors wouldn't have the capacity to supply us!" Well, if that would be the case, what's the worry? But of course, this is circular logic. If Brazil could count on trade barriers staying down, it would of course build up that capacity.

    But that capacity would bot be in the Amazon but in the Cerrado (Brazil's savannah). Despite Brazilian experts explaining this to every person they meet, I guess that fact hasn't yet registered with Tim.
    Reply
  • commenter
    Aug 05 10:39 AM
    Best and Worst Performing Stocks Seven Months Into 2008 [view article]
    Nice article, but more informative would be using the same criteria for the last 6 - 7 weeks. Reply