THE ETHANOL BUBBLE HAS BURST - Ethanol Update
by Robert Rapier
R-Squared Blogspot
October 1, 2006
Pacific Ethanol (PEIX) – down 38%
Aventine Renewable Energy (AVR) – down 44%
Verasun Energy Corp (VSE) – down 36%
Green Plains Renewable Energy (GPRE) – down 45%
Xethanol (XNL) – down 70%
http://www.financialsense.com/fsu/editorials/rapier/2006/1001.html
About Me
Name:Robert Rapier
Location:Montana
I am a chemical engineer in the energy business. I am concerned about the impact of Peak Oil on society, and I am passionate about alternative energy and sustainability. However, I think grain-based ethanol is mostly a boondoggle, and I have testified against an ethanol mandate at the Montana state legislature. I have research experience with cellulosic ethanol, butanol production, and gas-to-liquids (GTL). I am also an advocate for improving science education in the U.S.
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