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Seymour, IL | So it seems to me that the easiest path to dealing with this by the oil companies would simply be buying or building an ethanol plant or two of their own
However I don't see much of that occurring...
It has been many years ago now, but in my MBA classes I was involved with a case study of Valero. They had bought a couple of ethanol plants at the time.
Yes, ethanol does cut into a refiner's margins as it is a product they do now own, nor produce.
However that changes when they own the plant..... so what had kept them from buying one and utilizing the advantages it brings.
There has to be something amiss in the math, otherwise I believe they would. There are some smart people looking at the dollars in the oil companies
bryon | |
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Ethanol policy on E15 relating to SREs.. that’s the big fight.
