Archive for the 'Ethanol' Category

07-18-2006

Oil price soon over 100 dollars?

Due to the conflict between Lebanon and Israel an oil price of over 100 dollars could be possible in th near future. Let’s just hope that there will be few hurricanes in the Mexican Gulf this hurricane season, otherwise the oil price will go up even more if the oil riggs in the Gulf can produce oil as they should.

Not only the oil is getting more and more expensive due to the conflict, but also gold and ethanol.

Posted by bylla in Economics, English, Ethanol, Oil | No Comments »

07-14-2006

Oil price over 78 dollar

Due to the conflict between Israel and Lebanon the oil price rised above 78 dollar this morning. Pacific Ethanol, Inc (NASDAQ: PEIX) is up 2.56% in the morning trade today and Bluefire Ethanol Fuel (Other OTC:BFRE.PK) is up 0.94%.

Posted by bylla in Energy, English, Ethanol, Oil, Stock Market | No Comments »

07-07-2006

Oil prices up!

Oil prices are back at all-time highs above $75 per barrel. XETHANOL CORPORATION (AMEX:XNL) was traded up 1.04% since yesterday to $9.70 per stock.

Posted by bylla in Economics, English, Ethanol, Oil, Stock Market | No Comments »

07-03-2006

Oil Price vs Ethanol stocks

When I compared the price for NYMEX crude oil and the stock price for two ethanol producing companies I noticed that when the oil price increased or stod still the ethanol stocks did the same. When the oil price stod still or decreased the ethanol stocks decreased.

The ethanol stocks reacted much more then the change in the oil price and that can be because the stock market have to consider much more variables then just the price for fuel (in this case the oil)…. I’m sure you will be able to find similar relationships between other types of fuel and the oil price.

Ethanol stocks vs the oil price. (C) AndreasBylund.com

The blue line above is Xethanol Corporation (AMEX:XNL), the green line is Pacific Ethanol Inc (NASDAQ:PEIX) and the red line is the price for NYMEX Light Sweet Crude Oil. Data from Energy Information Administration, Nasdaq and American Stock Exchange.

Too bad I didn’t knew this at the beginning of the year since both Xethanol and Pacific Ethanol have gone up over 100% this year only!

Posted by bylla in Energy, English, Ethanol, Oil, Stock Market | 1 Comment »