$2 or higher gas - Can ethanol make a comeback? Message Board

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Non-Tech : $2 or higher gas - Can ethanol make a comeback?

DAR 36.61

-0.5%

Dec 12 9:30 AM EST

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To: Rolla Coasta who wrote (1626)	9/10/2006 2:12:09 AM
From: richardred	Read Replies (1) of 2801

It's my guess prices could fall below 60 and briefly stay in the high fifties if we have a moderate winter and geopolitical tensions ease. In light of the fluctuating price crude oil has been this past year. I've been surprised how well this economy has held up. It adapted quite well. Airlines and transportation industries are better prepared to deal with the current situation. Natural gas prices have come down considerably since Katerina. A crash if you consider the peak price of 11.65 last year. I don't expect to see any mega mergers in the oil industry any time soon. Natural gas might be a different story. Although I think ConocoPhillips way overpaid for Burlington. If prices stay low. It could open some doors.

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