commonwealth, page-5

I hope for ARW holders that the oil price booms, which it probably will once the business cycle starts to pick up again, so biofuel wont need to rely on government subsidies.

But also remember when oil booms, it is likely the price of food and land will also boom, which will make it more expensive to produce biofuel.

Hopefully ARW will have locked in supply arrangements to avoid risks to their input costs next boom. If they had done locked in tallow contracts a few years ago properly this share would still be worth $2-$3.