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Stocks P / Pacific Ethanol


Subject:  Re: Pacific Ethanol, Nothing Behind It Date:  9/21/2006  12:27 PM
Author:  JGBFool Number:  71 of 86

Thanks for the analysis, David.
I seem to recall that the company projected being profitable starting with their November '06 10Q filing, but I couldn't find a link that substantiated that. The recent drop in crude prices probably won't help PEIX at all, either.
I don't think production/consumption of E-85 is the only consideration, though. There is also the fact that they need to use ethanol as a summer additive to regular gasoline since Big Oil decided to phase out MBTE. How much this helps the ethanol producers is murky right now (we'll know with their next quarterly statements, I su