More problems for ethanol

Discussion in 'Wall St. News' started by FarmerWwade, Jan 9, 2009.

  1. Anyone notice that it was one bad story after another for the top ethanol producers today?
    Pacific Ethanol to Close Major Plant

    A few hours later, I read about more closings at VeraSun!

    More Bad News for VeraSun

    I know this sort of talk brings out the vehement ethanol defenders, but isn't it safe to say that the volatility in corn and the boom to bust in grains has effectively (at least for now) destroyed the pipedream of ethanol being the soul savior of our energy crisis?

    What will tomorrow's news bring for ethanol?