Thursday, October 30, 2008

Ethanol

http://www.keloland.com/NewsDetail6162.cfm?Id=0,75747

Declaring bankrupcy, how does that help this up and coming company? Sure, times are hard right now, but things will bounce back and there will still be a demand for ethonal, even if the economy demands a decrease in their prices now to be comparable with gas, they were making bigger than they probably should have been when gas prices soared closer to $4 a gallon! If they clear out now, someone else will come in and take it up when the economy comes back a bit, it's a profitable market, and I really believe they can just ride this out, cut back a bit and continue what they started.

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