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Falling Gasoline Prices Contain Good News For Ethanol Producers

2015-01-14 22:06:38| Agriculture - Topix.net

Gasoline consumption has increased in response to its low price and is now forecast to be 5% higher in 2015 and 2016 than was originally projected. Shares of ethanol producers have suffered large losses since peaking last September, with price decreases of up to 60% for the period being common for independent producers such as Green Plains, Inc. , Pacific Ethanol , and REX American Resources .

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