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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals) -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (31)	2/8/1998 4:03:00 PM
From: Binder	Read Replies (2) \| Respond to of 1757

An article taken from the site previously mentioned by GaBard: Report on the Economic Impact of the Demand for Ethanol is Released A newly released study from Northwestern University demonstrates the cost-effectiveness of the federal ethanol program for U.S. taxpayers. The Impact of the Demand for Ethanol, developed by Dr. Michael Evans for the Midwest Governors' Conference, is the most complete and definitive analysis of the macroeconomic impacts of ethanol production and use to date. "This study validates what we governors in the Governors' Ethanol Coalition have been saying all along, that the federal ethanol program creates valuable jobs and stimulates rural economies at a net savings to the federal budget," said Governor Terry Branstad, Chair of the Governors' Ethanol Coalition. "It is a win-win for the American taxpayer and rural America." The report demonstrates that the ethanol industry: Increases net farm income by $4.5 billion; Boosts total employment by 195,200 jobs, 42,000 of which are in Iowa; Results in a net savings to the federal budget of $3.6 billion; Adds over $450 million to state tax receipts, including $111 to Iowa tax receipts; Improves the U.S. trade balance by $2 billion The author of the report, Dr. Michael Evans, is a Professor of Economics at the Kellogg School of Management at Northwestern University. Dr. Evans developed the Wharton Econometric Forecasting model and was the founder of Chase Economics. This report provides information that refutes a recent Government Accounting Office (GAO) report commissioned by Representative Bill Archer of Texas who has attempted to undermine the support for the domestic ethanol industry. Mr. Archer's GAO report focuses almost exclusively on the "so-called" costs of ethanol use and largely ignores the demonstrable benefits of ethanol production and use including those cited in previous GAO reports (GAO/RCED-95-273R; GAO/RCED-90-156) and definitively addressed in The Impact of the Demand for Ethanol by Dr. Evans. For a copy of the study, The Impact of the Demand for Ethanol, please contact the Governors' Ethanol Coalition at (402) 471-2867.

To: Ga Bard who wrote (31)	2/8/1998 5:09:00 PM
From: Ed Hoftell	Read Replies (2) \| Respond to of 1757

I have followed the oil/gas sector rather closely,because I have a large position in a major oil company. It is becoming interesting,because for most of 1997 ,analysts have been predicting a huge glut of oil/gas for 1998. Suddenly,they have changed their tune.----------Now they are saying the figures were GROSSLY OVER ESTIMATED. Looks like it could get even better for companies like Arcon! Many thanks to Ga Bard for the incredible DD------and JIMBO to! Good Trading, -----------ED