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To: ldo79 who wrote (80832)3/2/2007 4:41:50 PM
From: ridingycurve  Respond to of 206325
 
Wow! A really eye opening chart. Would you happen to know the symbol for the continuous ethanol contract?

Let's see......the May ethanol contract closed at $2.19, while the May gasoline contract closed at $1.89. With only 65% of the BTU content of gasoline, the effective price of ethanol is $3.37 by my calculations, exclusive of the additional transportation costs.