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Why Green Plains' Business Diversification Has Bank Of America Bullish
Thursday, July 15, 2021 - 5:02pm | 395Read More...Substantial diversification and opportunities for higher-margin business lines have turned Bank of America bullish on Green Plains Inc (NASDAQ: GPRE). The Green Plains Analyst: Luke Washer initiated the firm’s coverage of Green Plains with a Buy rating, setting a $45 price target....
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Tesla-Heavy ETF Gets A New Look
Thursday, July 11, 2019 - 7:55am | 473Read More...An exchange traded fund once known for its large weight to Tesla Inc. (NASDAQ: TSLA) is getting a new look while maintaining its robust exposure to shares of the electric automobile manufacturer. What Happened The ETF previously known as the VanEck Vectors Global Alternative Energy ETF is now the...
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Analyst: 2020 Campaign Could Shift Policy Toward Ethanol Industry Over Refiners
Thursday, December 27, 2018 - 4:19pm | 588Read More...In their long rivalry with oil refineries, farmers who produce corn for ethanol could get a boost from the 2020 election thanks to a populist incumbent president worried about the Heartland, according to Height Securities. President Donald Trump is likely to pursue policies that benefit...
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Andersons In The Early Innings Of Improvement; Buckingham Research Upgrades
Monday, September 26, 2016 - 1:18pm | 381Read More...Buckingham Research Group believes Andersons Inc (NASDAQ: ANDE)'s current cycle in agriculture has bottomed out. Therefore, the firm sees the company being in the early stages of improvement warrants an upgrade from Neutral to a Buy rating and a lifted price objective from $40 to $42. This implied...
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Are Biofuels Worse For The Environment Than Petrol-Based Fuels?
Tuesday, August 30, 2016 - 8:21am | 546Read More...Biofuels like ethanol or biodiesel release more carbon dioxide than petrol-based gasoline, a new University of Michigan (UM) study revealed. Contrary to popular belief, and what their name might suggest, biofuels are not so environmentally friendly after all. The key to this finding is at the...
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GEVO Shares Plunge 36% Following Price Offering, Q4 Results
Tuesday, March 29, 2016 - 11:52am | 316Read More...Shares of GEVO, Inc. (NASDAQ: GEVO), a nano-cap renewable chemicals and bio-fuels company, plunged more than 36 percent on Tuesday and hit a new 52-week low of $0.26 following the release of its fourth quarter results. Gevo reported it had lost $0.44 per share in the fourth quarter on revenue...
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Corn Lower
Wednesday, August 26, 2015 - 2:54pm | 63Read More...Corn futures settled near the session lows Wednesday after a steady to higher trade early in the trading day. September corn settled at 361 3/4, down 3 3/4 cents, and December Corn settled at 373 1/4, down 3 3/4 cents. p> Market chatter about the recent low energy prices impact on demand for corn-...
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Gas Price Year In Review: Lowest Levels In 5 Years
Wednesday, December 31, 2014 - 4:07pm | 932Read More...The average price of gasoline in the United States on January 1, 2014, was $3.29 per gallon. December 31, 2014, it was $2.24 or more than $1 per gallon less than at the beginning of the year. When gasoline price website, GasBuddy.com, issued its 2014 Fuel Price Outlook, it said the year “...
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GasBuddy: Lowest Gas Prices Of 2014 Unfolding Right Now
Tuesday, October 7, 2014 - 1:30pm | 809Read More...GasBuddy.com chief oil analyst Tom Kloza told Benzinga Monday afternoon, "I believe that in the next 24 hours, you’ll see the lowest national price point for regular unleaded of 2014." According to Kloza, the lowest U.S. average price for regular unleaded gasoline so...
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$3 Per Gallon Could Be Coming Soon
Wednesday, August 6, 2014 - 10:53am | 772Read More...GasBuddy reported this week that this year’s August 1 nationwide average gasoline price of $3.509/gal is the lowest in four years. In addition, GasBuddy Chief Oil Analyst Tom Kloza told Benzinga that some broad sections of the country could see gasoline priced at $3/gal or less by...
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Corn Ethanol Scam: A Profligate Biofuel Policy
Tuesday, August 16, 2011 - 8:57am | 379Read More...Robert Bryce writing in today's Washington Examiner: "Today, about 40 percent of all U.S. corn -- that's 15 percent of global corn production or 5 percent of all global grain -- is diverted into the corn ethanol scam in order to produce the energy equivalent of about 0.6 percent of global...
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Bio-Plastics Come To Brazil
Thursday, July 21, 2011 - 2:20pm | 266Read More...A new partnership could help to bring bio-plastics to medicine cabinet near you. Dow Chemical (NYSE: DOW) and Japan's Mitsui have formed a new Brazilian joint venture in order to turn sugar cane into ethanol and plastic. The pair plan on creating the world's largest integrated facility for...
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Senate Votes In Favor Of Repealing Ethanol Subsidy
Thursday, June 16, 2011 - 2:37pm | 183Read More...In a huge move, the Senate has voted in favor of ending the tax breaks and tariffs for ethanol production, which is hurting shares of the ethanol producers and fertilizer names. The Senate voted 73-27 in favor of ending the subsidies, and names like Archer Daniels Midland (NYSE: ADM), Green Plains...
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Brazil's Imports Of U.S. Corn Ethanol Surge (CORN, FUE)
Saturday, May 7, 2011 - 2:58pm | 260Read More...Brazilian ethanol, which is made from sugarcane, has traditionally been one of the cheapest sources of biofuels around. However, according to the U.S. commerce department, Brazil imported nearly 70 million liters of corn-based US ethanol in 2010, up from just 1 million in 2009. The surge in ethanol...
