Newmont Mining Corporation

  NEM website

NEM   /  Message Board  /  Read Message

 


 








HAIsr



My NEM Ignore List


Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  30352 of 36385  at  8/3/2012 9:48:17 PM  by

zeno451


 In response to msg 30350 by  Au-197
ignore topicview thread,  thread start

Re: "In 2011, 14 billion gallons of domestically produced ethanol replaced 13% of oil imports and reduced the nation's trade deficit by $50 billion.

regardless of oils source... some ethanol producers were losing close to 30¢ a gallon for every gallon they produced. Ethanol production is set to decline big time due to the economic conditions brought on by the drought. There are about 19 million barrels in the stockpile maybe 23 days of supply but that number can be slashed in very short order. If push comes to shove lowering the ethnaol content of gasoline for a short while would make sense.... Now there is an embargo of iranian oil.... substituting a few hundred thousand barrels of gasoline for ethanol every day might tip oil prices even higher... In the bigger picture beating the war drums against iran is insanity.... the economy is already tottering over an abyss and the idiots want to run over it because their holy book said they had an empire in the middle east running from egypt to babylon.... some sanity please...


 
     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 0  |  Views: 61
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
30359 Re: "In 2011, 14 billion gallons of domestically produced ethanol replaced 13% of oil imports and reduced the nation's trade deficit by $50 billion. Lyle 8/4/2012 1:18:37 AM


About Us  •  Contact Us  •  Follow Us on Twitter  •  Members Directory  •  Help  •  Advertise
Not a member yet? What are you waiting for? Join Now
Want to contribute? Support InvestorVillage by donating
© 2003-2013 Investorvillage.com. All rights reserved. User Agreement
   
Financial Market Data provided by
.


Loading...