Do you understand that crude oil is a blend of many different hydrocarbon molecules and they don't all make into gasoline and diesel?
I know they can’t make it all into gas.But you guys
have got to understand farmers are tired of living
on the dole, and the corn, soybeans, etc can’t go
back to all being just people food. Their co-ops
will make ethanol, they will sell corn,carrots, apples, beets to hunters to feed the deer, soy chemicals
will be used in plastics, corn in plastic bags, and as long as they keep increasing output so that the bins
have corn, you have no legimate grip against them or ethanol The only legitimate grip is against speculators,
who only have to risk a small amount of their money
when they buy an option on farm products, which gives
them no restraint and they are going crazy driving up
the prices, because they have real low risk involved.
Congress can change investment rules which
would solve most of the inflated values. Ed Hubel