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Best be paying attention to E -RBOB spread
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coup
Posted 7/10/2012 22:21 (#2478426 - in reply to #2477270)
Subject: Re: Ray hope all is well with you


USA
You sure seem kind of testy.

I am not cheering on E or drinking any type of KoolAid, that is hoping for the demise of feed demand from the livestock industry. Simply stating the fact that E- RBOB spread has narrowed around 40 cents gal recently and E is about par with RBOB on the defereds. Seems like somebody doesn't want to kill the Golden Goose and is willing to pay more for E to try and keep the E plants producing.

Have been meditating on the corn production problem that appears to be a reality, in the last week. Have come to the conclusion ,solutions to help fix it aren't all that complicated, if some common sense approach was used. One of them is to leave E plants alone and let them keep pumping out product, without harming the livestock folks.


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