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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Moominoid who wrote (69570)6/1/2008 8:18:35 AM
From: elmatador  Read Replies (2) of 74559
 
Let's be scientific here. correlate with this.

with this

See the sharp drop as the result of Saudi fear of competing with alternative fuels. Remember Sheik Yamani's policies. Price should not be too high to encourage alternatives' viability.

But we a killer now: Ethanol came down to compete with oil at its very low. That means the gains were immense!

had not prices dropped so much ethanol would have taken over 20 years ago.

Now see how oil dropped and stayed down. Now see how price can't be calibrated for the benefit of OPEC policies.

and surge.

Ethanol was there just waiting for that and now takes over com gusto.
Flex fuels now can take ethanol, and if anyone drops gasoline to very low costs we fuel it gasoline and make sugar out of the ethanol. Iron clad defended.
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