I just re-ran my spreadsheet.
As the price of oil has plunged, so has ethanol on the CBOT and unleaded on the NYMEX.
How does $2.63 sound?
A lot better than $3.46!
Meijer is SUCH a ripoff. I with Family Express would build a station on Indianapolis right by the Bohrman. Even they're making money at $2.99 a gallon.
Tuesday, July 22, 2008
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