60 Minutes

CBS's show "60 Minutes" will air on sunday (6:00 pm eastern) a segment about ethanol. The details are vague of what is to be discussed. Some people believe the segment will focus on the future of E85, some believe the segment will focus on big ethanol players such as ADM and PIEX. This can be either good or bad for this industry, as CBS news program's have a reputation for exposing corruption and malfeasance. Larry Meints, one of the interviewees, when talking about the segment airing nationally said "I'm still a little apprehensive, but excited, I feel good. It was a positive interview and he didn't try to trick us or anything. We're hoping it will spur sales ... and convince people ethanol is a good product.' It will be interesting what side CBS positions themselves, if they are pro-ethanol a rise in ethanol stocks will be expected. This just makes this industry that much more volatile as more speculation will be built up. I will definetely be watching this!
 

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  • 5/5/2006 10:00 PM Greg wrote:
    I will definetely be watching this too. Hopefully it will mainly focus on ethanol's major players, with optimism though. Your right, all this speculation is driving me nuts! But im enjoying the ride. Keep up the good work.

    Long PEIX and OTD
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