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rhino127
7 Comments
Does It Have To Be Exactly $700 Billion? [view article]
rather than paying these no-good sheisters on Wall Street, why not recapitalize the American household balance sheet who pay taxes and give them a one time forgiveness of 30% of their mortgages existing at the end of 2007!!! Sep 25 04:48 AMU.S. Corn Crop Decrease Could Further Fuel Great Ethanol Debate [view article]
with a 51 cents per gallon blending credit and a 54 cents per gallon duty on imported ethanol ... it is not difficult to imagine how easy it would be to diminish corn usage by Ethanol producer and finally rationalize Global Ethanol trade... Jun 14 02:34 AMBiofuels Professor Says Corn Will Never Work [view article]
it takes 1.2 units petgroleum fuel to produce 1 unit of energy consumed while for Corn it is 0.15:1 according to the National Renewable Energy Laboratory in the UK (unbiased). must read more about biofuels before putting out such uninformed comments.it bosts about 0.35 cents a liter to make Ethanol from Sugar Cane = it is not made frm Sugar while the cost of making if frm Corn is 0.70 cents per liter. Look a the price of gasoline today world wide and you will get a good understanding of how competitive Ethanol is.
Meanwhile Biodiesel which is even more efficient than ethanol in terms of Energy is unfortunately plagued by a lack of vegetable oil which is a more finite resource at this time.
May 16 09:26 PM
Good News: Consumer Confidence Falls to 26-Year Low [view article]
I think you have to go back further and note that market fell from a top on 12/31/1976 at 1004.65 and did not recover until 1981 on 4/17/1981 only to fall again in 1982 to 784.34 on account of the Savings and Loan collapse which was the bottom before the rally of 1983. The market traded between 800 and 1000 from 1976 to 1982 - that is almost 6 years... I think we need to be prudent in identifying a bottom - my feeling is that we need to revisit the 11700 support before this market can go higher... Apr 27 11:19 PMUnder The Radar News - Monday [view article]
Dick Cheney on way to Mideast to talk down Oil prices - maybe a deal in the offing ... $70 crude for the fall? just in time for elections. Mar 10 11:42 PMCramer: "Ethanol Is a Fuel That Doesn't Work" [view article]
The international price of Hydrous Ethano is 1.58 cents per gallon or $66/Barrel... while RBOB is trading at 2.25 cpg or $94.5/Barrel. Cramer needs to look at the real math of ethanol. It is not only Corn and surprise surprise free trade does not exist for Ethanol... US has a 54 cpg duy and Europe has a 192Euro/cube duty while singapore has a $70/liter tax... maybe introducing a world wide duty free status for Ethanol would unleash the POWER of Ethanol and finally prove that Henry FORD was right after all to build the first model T on ethanol combustion... Feb 06 04:57 AMKeep Your Eye on the Baltic Dry Index [view article]
BDI reflects coal, Iron Ore, and grain and feed. Dry bulk freight rates are just too high now and basis current wheat prices for example, the freight component on CIF wheat to India from the US gulf would be about 25%. When it should normally be 15% max. Freight needs to come down about 25% equating to a BDI at 6300 to keep things in balance. Wonder how many hedge funds have invested in freight derivatives linking to the BDI? Maybe am too old fashion... Sep 14 01:46 AM