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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 60.71+2.0%Jun 27 5:00 PM EST

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To: Rolla Coasta who wrote (1622)9/9/2006 10:35:39 PM
From: richardred  Read Replies (1) of 2801
 
What price do you think constitutes a crash? Short term there coming down quite nicely.

I think that depends on the strength of the economies that use it most. Supply disruptions are always a factor. So is a possible warm winter with a slowing or even paced economy. A coming recession is always a possibility. IMO a geopolitical risk premium is built into the current price somewhat.

When I see or hear oil companies writing down their proven reserves carrying value. That's when I will consider it a crash.
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