Just a hunch. It seems as though when things drop for days on end..........eventually they revert to the mean.
Might be up tomorrow and down again on Friday

The first thing we need to do is eliminate the ethanol requirement for gasoline. I don't want to hear any whining from you guys in the corn growing States. Any law that requires me to buy something at an artificial and uneconomic price in order to "save the planet" is just plain wrong, I don't care how the corn farmers try to spin it.

Waggler, don't they have no ethanol gas available in your neck of the woods? They're do have it in my neck of the woods. Good stuff.

Think of it as an investment in your grandchildrens future,Waggler.

Waggler is dead on. You talk about ethanol all of a sudden the whole community wants to go green. Where does it It stop? Better question where did it begin?

If any one believes corn is going to save the planet something's wrong.

Buy it all and put it in our reserves .

Ethanol was not mandated due to global warming. Ethanol was encouraged to lower our dependence on foreign oil and getting rid of the other gas treatments. We are now a major oil exporter so things have changed. The unfortunate aspect for us is our basic production costs for oil exceed what many nations can sell their oil for. We have built a huge industry based on a very, very mobile and travel based culture so people were willing to buy energy at prices that made our production very profitable. Will that continue in the future? Many state that low fossil fuel prices will curb investments in other energy sources. Is that for sure? If you can not make money selling a product at the going rate, other avenues will need to be found.

Bryce