[inventthefuture]

Originally Posted by HokieWolf

Also, volume is very healthy. What's driving investors to buy today? this afternoon's news? tommorrow's news? Anyone know anything?

Hokie

This is what happens in almost any stock

good news comes by rumor
people buy on volume
Some people start to cash what they have to make a small profit (which has nothing to do with the company doing good or bad)
Then the average joe that tried to buy in at the high says omg It is dropping let me get out before I lose it all (which would never happen at this time because to many good things are going on)
This causes a domino effect and guy with a million shares or more drives the price down on small small sells of 1000 shares and has his buy orders in for the people selling off really cheap and picks up 50ks at a time knowing damn well this stock is valued at .06
Then the cycle happens again
The problem is that guy that is flipping might get caught holding a very small position when something great comes out like coming off the pinks and he loses alot more then his little flip profits!

You cannot run a truck on ethanol! Biocrude is the future!

Originally Posted by Oil Can

In Nebraska, a research team at the University of Nebraska released more details on a five-year, 10-farm study on switchgrass production. The research team determined that five farmers achieved average costs of $50 per ton for production, translating to a feedstock price of as little as 58 cents per gallon for switchgrass ethanol. The research team also found that greenhouse gas emissions were reduced by 94 percent in switchgrass production, compared to gasoline emissions. Two farmers in the study, with previous experience growing switchgrass, achieved costs of $39 per ton in the five-year study, or 25 percent below the average for the group, indicating a potential to produce fuel at as low as 44 cents per gallon.

In Illinois, researchers at University of Illinois at Urbana-Champaign surveyed local farmers and report that the major challenge in developing cellulosic ethanol will be to persuade farmers to grow the crop. Farmers indicated in the survey that they would only grow cellulosic crops if they could be persuaded that the cellulosic crops such as switchgrass and miscanthus can compete with soybeans and corn in terms of profitability.

Switchgrass has received a green light recently as a biofuel feedstock on the nitrogen front. A report has been published comparing the impact of additional biofuel production on nitrogen levels in Chesapeake Bay. The report found that corn production increased nitrogen in the Bay by 16 pounds per acre under production, versus 8 additional pounds per acre of soybeans. The report found that switchgrass production would reduce nitrogen levels by 27 pounds per acre under production.

BINGO!
RIGHT ON!

Originally Posted by HokieWolf

Also, volume is very healthy. What's driving investors to buy today? this afternoon's news? tommorrow's news? Anyone know anything?

Hokie

$$$$$$

And More ....

[Oil Can]

Originally Posted by GeoMoney

You cannot run a truck on ethanol! Biocrude is the future!

Oh, I know that, ethanol is yesterday's biofuel for many reasons I don't want to go into. Althought I have no idea why the government is pushing ethanol, when its inferior product. I should have labeled it this article as cheap feedstock.

But couldn't this cheap feedstock work in the USSE bioreactor system, thats many why I highlighted the article. I don't know, switch grass could grow in areas farmers don't normally grow cash crops. And I believe swtichgrass can give you 3 crops a years in sourthern states. We have our partner Farmer's locate areas that can grow swithgrass. Just a thought.

Gas prices near records, following oil By JOHN WILEN, AP Business Writer
1 minute ago



NEW YORK - Gasoline prices were poised Monday to set a new record at the pump, having surged to within half a cent of their record high of $3.227 a gallon. Oil prices, meanwhile, surged to a new inflation-adjusted record and their fifth new high in the last six sessions on an upbeat report on wholesale inventories.

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The national average price of a gallon of gas rose 0.7 cent overnight to $3.222 a gallon, 69 cents higher than one year ago, according to AAA and the Oil Price Information Service. Last May, prices peaked at $3.227 as surging demand and a string of refinery outages raised concerns about supplies.

That record will likely be left in the dust soon as gas prices accelerate toward levels that could approach $4 a gallon, though most analysts believe prices will peak below that psychologically significant mark. In its last forecast, released last month, the Energy Department said prices will likely peak around $3.40 a gallon this spring; a new forecast is due Tuesday.

Retail gas prices are following crude oil, jumped 24 percent in a month on its way to setting new inflation-adjusted records four times last week. On Monday, crude prices surged to yet another record after the Commerce Department said wholesale sales jumped by 2.7 percent in January, their biggest increase in four years, according to Dow Jones Newswires.

The strong sales report suggested to oil traders that the struggling economy may be doing better than thought.

Light, sweet crude for April delivery rose $2.33 to $107.48 on the New York Mercantile Exchange after earlier setting a new trading record of $107.85.

Energy investors shrugged off a relative stabilization of the dollar and a cooling in tensions between Venezuela and its neighbors Colombia and Ecuador.

Many analysts believe speculative investing attracted by the weak dollar is the primary reason oil has risen so far so fast in recent months. Crude futures offer a hedge against a falling dollar, and oil futures bought and sold in dollars are more attractive to foreign investors when the dollar is falling.

"We've got a Fed(eral Reserve) meeting on the 18th that could see a sizeable rate cut," said Brad Samples, an analyst with Summit Energy Services Inc., in Louisville, Ky. "So, it's not over."

Indeed, while the dollar rose against the euro on Monday, many investors believe the greenback is likely to keep falling as the Fed continues to cut rates. Many analysts believe the rise in crude prices is not supported by the market's underlying fundamentals, noting that supplies are generally rising while demand is falling.

"By gobbling up everything in sight, (investors) are pushing food and fuel prices to ruinously high levels," said Peter Beutel, president of the energy risk management firm Cameron Hanover, in a research note.

Investors shrugged off a weekend cooling of tensions in South America, where Venezuela said Sunday it was restoring full diplomatic ties with Colombia after they were broken off following a cross-border Colombian attack on a leftist rebel camp in Ecuador.

Last week, rebels shut down a Colombian oil pipeline in retaliation for the Colombian raid into Ecuador. Venezuela threatened to slash trade and nationalize Colombian-owned businesses, and Venezuela and Ecuador briefly sent troops to their borders with Colombia.

The potential for conflict involving Venezuela, an OPEC member and major U.S. oil supplier, helped push oil higher last week.

"The Venezuelan production was at risk there," Samples said.

Other energy futures also rose Monday. April heating oil futures rose 2.81 cents to $2.9751 a gallon while April gasoline futures rose 1.82 cent to $2.7125 a gallon.

April natural gas futures jumped 16.6 cents to $9.935 per 1,000 cubic feet.

In London, Brent crude futures rose $1.77 to $104.15 a barrel on the ICE Futures exchange.

___

[Oil Can]

Just Amazing....

Gas Prices Near Record; Oil Hits $108 By JOHN WILEN, AP Business Writer
33 minutes ago



NEW YORK - Gasoline prices were poised Monday to set a new record at the pump, having surged to within half a cent of their record high of $3.227 a gallon. Oil prices, meanwhile, surged above $108 to a new inflation-adjusted record and their fifth new high in the last six sessions on an upbeat report on wholesale inventories.

Gasoline's price spike has only just begun
Motorists should expect to pay upwards of $3.75 a gallon in the coming weeks as prices at the pump catch up with record crude, but relief may arrive by summer.
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See all CNNMoney.com RSS FEEDS (close) By Steve Hargreaves, CNNMoney.com staff writer
March 10, 2008: 2:56 PM EDT


Gas prices, already near a record high, will likely add another 50 cents a gallon in the next few weeks.
Beyond the hybrid

More VideosSpecial Reportfull coverage

Gasoline's price spike has only just begun
Oil nears $105 for the first time
$100 oil hurts, just like a recession
The ballooning price tag for energy

NEW YORK (CNNMoney.com) -- Gasoline will hit a new record high price - perhaps as early as Tuesday - and experts say it will likely continue to soar in tandem with the skyrocketing price of crude.

The national average retail price for gas has already risen 26 cents in the last month, according to the motorist organization AAA. At $3.222 a gallon, it is less than a cent away from the all-time record.

And experts say motorists should prepare to pay nearly $4 a gallon - and in some places even more than that - before the price of gas finally comes down in the late spring as high prices crimp demand.

The price of gasoline usually sees a rise in price this time of year. Several factors contribute to the runup: Low refinery output due to maintenance, a switch from winter to pricier summer blends, and the looming high-demand summer driving season.

Experts say this time around the spike will be more pronounced, mostly due to the surging price of oil and, to a lesser extent, refiner's attempts to grow their profit margins.

"It's all crude," said Tom Kloza, chief oil analyst at Oil Price Information Service. "The crude market is morbidly obese."

Oil prices - which account for 80 percent of the price of a gallon of gas - have jumped 20 percent in just over a month as investors pour money into commodities of all types.

Commodities like oil are seen as a hedge against inflation and the falling dollar - which has been trading at record lows - triggered by economic woes and interest rate cuts from the Federal Reserve.

Oil, already trading near $90 a barrel on the back of strong global demand, took off in February as the economy worsened and the Federal Reserve cut interest rates with crude now spiking to record highs on a near-daily basis - settling at a record $107.90 on Monday.

But as oil prices rose gasoline prices stayed stagnant and profit margins enjoyed by refiners shrank. Now those profit margins have become so small refiners have little incentive to make gasoline.

"The refiners are saying, 'Hey we're not making any money,'" said Tim Statts, vice president of risk management for Summit Energy, a firm that buys energy for big users. "The gasoline price almost has to come up to continue bringing the product to market."

According to John Kilduff, an energy analyst at the trading firm MF Global in New York, refiners are making about $6 off of every barrel of oil they turn into gasoline. That's down from over $38 a barrel last spring.

Refiners are operating at just 85 percent capacity, down from a normal rate of around 90 percent, according to figures from the Energy Information Administration.

Killduff said the low operating rate is partly due to refiners being shut down for maintenance but also due to the small profits they're getting on gasoline.

"There's no market incentive to rush your unit back into production," he said. "[Gas prices] can't go any lower in relation to crude."

So how high will gas prices go?

While several areas will see prices over $4 a gallon, Kloza said he expects the nationwide average to peak somewhere between $3.50 and $3.75. Kilduff is calling for a high of $3.50, and Statts thinks we'll see the $3.30s.

All three analysts think prices will peak early, in April or May, then decline as the economy worsens and demand for gas - already flat or falling - continues to deteriorate.

"[The falloff in demand] that occurs around $3.25 a gallon takes a lot of the mojo out of gasoline," said Kloza. "These prices are real speed bumps for the economy."

By July 4th, when many Americans pack up the sedan and head for the mountains or beach, prices could be back around $3. If anyone can still afford a vacation.

$100 oil hurts, just like a recession

[inventthefuture]

No doubt! $120 maybe $125