All That's Yellow Does Not Glitter, Says Renewable Fuel News.WASHINGTON -- Investors are becoming aware of the uncertainties surrounding the outlook for ethanol, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the weekly newsletter Renewable Fuel News. With the biofuels mandate in last year's Energy Policy Act, as well as $3+/gallon gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by , ethanol seems infallible in·fal·li·ble adj. 1. Incapable of erring: an infallible guide; an infallible source of information. 2. . But the newsletter has been reporting how the gold rush in ethanol is similar to that of internet start-ups 10 years ago. More than 40 new plants are expected to add about 2.5 billion gallons of capacity by the middle of next year--meaning, supply could soon outstrip out·strip tr.v. out·stripped, out·strip·ping, out·strips 1. To leave behind; outrun. 2. To exceed or surpass: "Material development outstripped human development" demand for ethanol by as much as 25% by the end of 2008. And because ethanol producers compete for feedstock feed·stock n. Raw material required for an industrial process. Noun 1. feedstock - the raw material that is required for some industrial process raw material, staple - material suitable for manufacture or use or finishing from the food sector, the rise in corn prices--according to the U.S. Department of Agriculture, now at their highest levels in 10 years--has already cut significantly into producer margins. Ethanol prices are already trending lower after gaining for 12 straight weeks in the spring. Renewable Fuel News, which also tracks spot prices for ethanol nationwide, reported that the average national cash price slipped by an average of 49 cents per gallon last week. Each week, Renewable Fuel News delivers news, data, and analysis of the ethanol industry, as well as that of other biofuels, with global coverage in economics, legislative policy, technology and corporate strategy. It also includes trends in equity values, letting investors know if the current boom is producing good results or bad. The URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. for a free sample copy of this week's Renewable Fuel News is http://www.worldfuels.com/NEWSLET/RenewableFuels_News/ (case-sensitive link) For more information, or to subscribe by phone, call 713-260-6442. Hart Energy Publishing, LP, based in Houston, is one of the world's largest energy industry publishers, with a diverse array of information products and services. Hart publishes E&P Magazine and Oil and Gas Investor magazine and conducts upstream and downstream conferences each year. Hart also makes information available on production and usage of all motor fuels through its International Fuel Quality Center (www.ifqc.org), which includes a Global Biofuels Service. And its August 1-3 World Refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar & Fuels Conference in Rio de Janiero will focus heavily on biofuels markets (more information is at www.hartenergyconferences.com). |
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