Pacific Ethanol, Inc.
NASDAQ: PEIX
$1.61
-$0.12 (-6.9%)
Closing Price on September 20, 2024
PEIX Articles
After 30 years of payments to farmers and blenders, the federal subsidy on corn-based ethanol expired when Congress adjourned last week without taking any action to renew the payments. A cynic might...
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In 2007, the U.S. Congress established mandates for the amount of cellulosic ethanol and other biofuels to be used in the nation’s transportation fuel supply. Cellulosic ethanol and fuels based on...
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US markets opened fast this morning, up nearly 1% in the first hour of trading before giving most of the gain back by mid-morning and then wandering around a gain of less than 0.5% for the rest of...
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Equity markets opened slightly lower this morning, following yesterday’s big share price increases. For most of the day stocks traded slightly lower, although they have moved to a very slight gain...
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The markets opened lower this morning and not until mid-afternoon were equities able to put a mark above yesterday’s close. European stocks traded mixed all day, and that coupled with rising crude...
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Stocks opened lower this morning and stayed lower for nearly the entire first half of the day, with buyers most likely waiting to see what would happen with Italian bond rates. The bonds ended the...
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Our series on expected upside in stock prices continues today with a look at the biofuels sector. What you are about to see are numbers that, for the most part, defy gravity. With just two of these...
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Since the beginning of September, copper and corn prices have fallen dramatically, with copper off nearly -35% from its 12 month high and corn off about -25%. Because both are often seen as leading...
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What will happen to ethanol makers when the US subsidy ends in December, as appears increasingly likely? Bunge Ltd. (NYSE: BG) apparently believes that demand will continue strong, at least in...
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Hot, dry weather is now expected to reduce the US corn harvest and lift consumer prices for everything from breakfast cereal to pump prices at the local service station. Agricultural stocks from...
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More than 40% of this year’s US corn harvest, about 5.05 billion bushels, is expected to be used to produce ethanol. That surpasses an estimated 5 billion bushels that will be used for livestock...
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The writing has been on the wall for about three weeks: the $0.45/gallon ethanol subsidy and the $0.54/gallon tariff on imports are politically dead. Another nail got hammered into the coffin...
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Today’s alternative energy news starts off with more lukewarm news from solar panel makers and follows with the latest on pricing for ethanol. We also take a look at how smartphones may have an...
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Today’s alternative energy watch looks at a new effort to increase domestic use of ethanol and a report from the UK on the efficiency of wind generation. A bill called the “Biofuels Market...
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