Archer Daniels Midland Message Board

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Gold/Mining/Energy : Archer Daniels Midland

ADM 56.97

+0.4%

Nov 7 9:30 AM EST

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To: Edscharp who wrote (14)	5/21/2006 12:03:42 PM
From: richardred	Read Replies (2) of 84

I'm glad someone started this thread! Ed the biggest thing I'm looking for in ethanol creditability. If any major oil company or refiner makes an acquisition into ethanol. IMO-right now major oils are focusing on crude production and exploration. That's where the money is. Refining and marketing is part of that chain. Albeit much less profitable, but a needed part of the sacrifice of making major money in crude. ADM has a former major oil lady in charge now. Valero has no major oil operations. If a big crude buyer such as Valero takes a plunge in to ethanol. I think things could heat up. I think if such a move happens. They would up ethanol usage in a great way. They would be happy to put EB85 pumps in. Just a thought now, but a future possibility as the ethanol infrastructure gets built, IMO. RR

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