i don't understand your point. By your own analysis the price of a barrel has nearly tripled in the short time frame you mention!!! from $30 to approx $80 and still going up. So by your analysis we should see, at the very least, due to even tighter 'easy' supplies, another tripling in the price which will take us to $240 per barrel and above!! Like i said in my original post i'd rather take a 30cent hike in biodiesel than a tripling in the price of crude!!! So my argument still stands! The challenge for ARW and ultimately for WAS is too survive long enough to reap the rewards as the dynamics slowly swing in the favour of biodiesel and other alternatives.
TEK Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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