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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Eric Green who wrote (53470)3/20/2000 2:29:00 PM
From: Tassi  Respond to of 122087
 
HIPC.. got some @ 4.. looking for trade with this one..
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"The fuel ethanol that was selling for $.90 per gallon FOB our
plants in October and November of 1999, is now bringing $1.10 to $1.15 per
gallon," said Gary R. Smith, High Plains' President and CEO. "Markets have
tightened, and the oversupply situation that prevented ethanol prices from
rising with the price of gasoline over the past year, appears to have ended.
With oil prices now above $34.00 per barrel, and unleaded gasoline prices
projected to exceed $2.00 per gallon in portions of the country soon, interest
in ethanol supplies has soared," continued Smith