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dan45mcc

Mike","Why should I use E85? I get worse gas mileage and I am not saving that mu

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I'm getting a lot more of these "rants" over at E85Prices.com 

 

Mike was responding to the fact that the Meijer Station in Canton is only giving a 15 cent spread..

 

 

 

If I was advocating for the Ethanol Compnies I suppose I could tell him what a great thing it is to drive E85 for the enviroment and let it be at that  ..  But contray to popular belief I am not an advocate for the Ethanol Companies(I can certainly become one if the Industry as a whole ever decides to work for the consumer instead of the Oil Companies)  but rather for the Consumer .

 

It's a shame that only a handful of Ethanol Companies are working for the consumer of E85 on price (and competting against unleaded).. .

 

It gets old having to be a broken record and only have MFA of Missouri and Utica Energy (Renew E85 stations ) to use as positive examples .Models of how the Ethanol Industry should be performing . We need more companies like those to step up ..

 

 

Actually this month we do have someone new , The Silco station in Denver has been offering E85 at rughly a 28% discount to unleaded (I still need ot locate thier supplier).  and their are a few others (I'l work on alist ) but most of the industry seems content on simply supplying the Oil Companies ethanol for oxygenation/e10 . Fine whatever but it's clear that they can ALSO offer E85 at far larger discount ifthey so choose ..so far most of them are choosing not to

 

 

 

 

 

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Dan,

 

      Not sure who the contact is for the Silco station in Denver , but the Tomahawk truck stop in

    Watkins has similar pricing.  I believe these were supplied at one time by an outfit called

    Ethanol Management Company in Henderson , Colorado..  OEMC topic on Colorado Government website

    may have more details.

 

      Contact Troy Hill , of Hill Petroleum in Arvada Colorado for his ethanol supplier. I read he now has

      a new contract in play.. his pricing may improve , as well...

 

    I don't believe either of these are getting ethanol from a local ( Colorado ) plant.  The new plants

    in our state are probably busy paying off their construction loans , rather than servicing the E85 crowd.

    Perhaps after they get done paying the bills , they will pay more attention to our little segment of the market.

 

    Anyone familar with financials of some of these plants ?? Is it a 1-2 year turnaround for some of these groups

    to pay off capital costs ?? At our current rate of consumption , maybe ?? 

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Greengenes wrote        Anyone familar with financials of some of these plants ?? Is it a 1-2 year turnaround for some of these groups

    to pay off capital costs ?? At our current rate of consumption , maybe ??

 

It makes a big difference on management. I'm in two ethanol plants and one made 200% return last year and the other only made 36%---quite a variation.  While not in this one, if you look at the SEC filings for  www.granitefallsenergy.com  you will see that they about paid off the debt in a couple of years. When going to the SEC link click on the 10Q's and you'll see the financials.

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