Farmer Bob

Verasun Energy: Thin Margin Co's Are One Bad Economic Turn Away from Disaster

Danno, you seem quite bitter, and I am wondering why. Ethanol may not be the perfect alternative fuel, but it is certainly a step in the right direction. I am a Farmer, and Investor in 2 ethanol plants (not Vera-Sun) and I hope your attitude towards ethanol is limited to some narrow minded low population group. The oil companies have fought ethanol every step of the way and I wonder why? Ethanol can only help extend the reign of Big Oil a little longer. There is much more to the ethanol industry than you are seeing, do a little more research. Speculators who drive the market prices of commodities way outside of the normal supply and demand forces, do cause problems, big problems, and where do their profits end up?

Prior to the market collapse it was hard to get anyone to admit speculators were driving the market up, as soon as they all pulled out, it seemed like a common known fact.

Transparency in the market may help, who are these big speculators?

Do they feel any remorse when an ethanol plant closes in a small Midwestern town,and jobs are lost?