SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : $2 or higher gas - Can ethanol make a comeback? -- Ignore unavailable to you. Want to Upgrade?


To: Rolla Coasta who wrote (1658)9/13/2006 10:00:40 AM
From: richardred  Respond to of 2801
 
Though this decline might not last. I don't see a crash either. Just a temporary setback. You must have noticed many in ethanol group have crashed from their highs. The bellwether ADM is diversified and hasn't had the setback as have many of the pure plays. I think this setback presents an opportunity for myself to buy some stronger profitable pure play ethanol stocks for the first time. Beforehand,I've consistently thought the way to play the ethanol group was indirect exposure through infrastructure building. I see leaders of this group strengthening once oil prices head north of 70. This country is getting some needed relief. Sectors of the economy that didn't benefit well from rising oil prices, could benefit now. It could spur some trickle down benefits to Ford & GM directly. Stagnant or steady growth could lead to some capital spending among industries who benefited most.

I think are power grid infrastructure as a whole is insufficient to meet future needs. China's must be not only lacking,but real antiquated. This in light of a economy that is growing very fast and basic industries that need lots of energy.



To: Rolla Coasta who wrote (1658)9/18/2006 12:11:49 AM
From: richardred  Respond to of 2801
 
China to award $8 billion nuclear deal by year-end

By Ilya Garger, MarketWatch
Last Update: 11:36 PM ET Sep 17, 2006

HONG KONG (MarketWatch) -- The Chinese government will award a contract to build four nuclear reactors by the end of 2006, according to a media report.
The Wall Street Journal's Asian edition cited U.S. Assistant Secretary of Energy Karen Harbert, who was in Beijing Friday to discuss energy issues, as saying that a decision was expected "by the end of this year at the very latest." See Wall Street Journal Asian edition story (subscription required).
The leading contenders for the contract, which involves the construction of four state-of-the-art 1,000-megawatt reactors and will be worth as much $8 billion, are U.S.-based Westinghouse Electric Co. and France's government-owned Areva SA.
China's decision has taken longer than expected due to concerns over the safety and effectiveness of new technology proposed by the bidders.
Westinghouse is being bought by Japan's Toshiba Corp. ( from state-owned British Nuclear Fuels PLC for $5.4 billion. The deal is in the process of obtaining regulatory approval.
China is in the midst of a push to build more nuclear plants in an effort to reduce its reliance on coal-generated power as the country's energy demands soar. It plans to build up to 32 reactors by 2020, and has 10 already operating or under construction, The Journal reported Saturday.
The government aims for nuclear power to account for 4% of China's generation capacity, compared to a current level of 1.5%. End of Story
Ilya Garger is a reporter for MarketWatch based in Hong Kong.
marketwatch.com