Tom B

Comment Stream » ADM

Comment Stream
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
AA AAI AAPL ABB ABK ABT ABX ACH ACI ADBE ADBL ADI ADM ADP ADRE ADS ADY AEBZY.PK AET AFG AFL AGG AGN AGO AGU AHBIF.PK AHL AIG AIR AKAM AKBTY.PK ALC ALL ALU AMAT AMD AMGN AMLN AMP AMR AMSC AMTD AMZN ANDE ANSS AOB APA APWR AQNT ARQL ATAR.PK ATHR ATML ATVI AV AVID AVR AXL AXP AXS AZN BA BAC BAX BBI BBOX BBT BBY BCON BCS BDK BG BHE BHI BHP BHS BIDU BIIB BIK BJGP BK BKD BKF BLDP BLK BLS BMBSY.PK BMET BMO BMY BNPQY.PK BP BQI BRCM BRK.A BRLC BSC BSX BT BTU... 
[+ show more]
  • Ethanol Is Dead: How You Can Still Profit From It
    "And remember, the government subsidies for ethanol are minor in comparison to those paid to the oil industry. "

    Agreed. And we are still paying those--why?
    Jun 30 13:31 pm |Rating: 0 0 |Link to Comment |View article
  • Ethanol Is Dead: How You Can Still Profit From It
    "There's always a new crop year"

    Farming 101: Corn is expensive to grow and requires LOTS of chemical fertilization. Arable land is a finite resource. Water is a finite resource. Farming is weather dependent.
    Jun 30 13:31 pm |Rating: 0 0 |Link to Comment |View article
  • Ethanol Is Dead: How You Can Still Profit From It
    Food (Corn)-based ethanol is for morons. It has been known for years that you use more energy making it than you get out. I defer judgment on exotic ethanol production methods-- switchgrass etc. Investing in corn-ethanol-- a scientifically doomed endeavor-- is "bubble" investing. The Brazil/ sugarcane process might not translate to the US at all and might be totally unsustainable-- aren't they having huge deforestation/clear cutting issues in the rain forest?

    Cars HAVE to be mostly electric in the future-- hybrids of various types. The electricity HAS to come from a sensible source-- not coal, not oil. We need nukes plus conservation plus wind plus wave plus solar. We don't have enough good farm land or water to feed BOTH people and cars sustainably on the scale required.
    Jun 30 09:35 am |Rating: 0 0 |Link to Comment |View article
  • Do Biofuels Harm More than They Help?
    "Too bad they skate over the fact that they are also giving big subsidies to oil companies as well..."

    And, don't forget, most alternate energy research dollars go to the oxymoronic "clean coal", instead of going to legitimate projects.
    Feb 19 12:40 pm |Rating: 0 0 |Link to Comment |View article
  • Do Biofuels Harm More than They Help?
    "So tree-hugging, feel-good environmental babble has a LOT to do with investing in this sector, because if sentiment towards biofuels turns negative, the political support for the subsidies will disappear"

    Umm-- subsidies aren't directed at the "tree-huggers&quo... they are a transparent and stupid use of pork-barrel politics to fish for corn states votes.
    Feb 19 11:05 am |Rating: 0 0 |Link to Comment |View article
  • Tough Week for Ethanol Stocks
    Ethanol is a bubble. It make NO SENSE technologically, since you use more energy than you get. It ONLY exists to feed farm subsidy money to Republican Bible Belt States.
    Jan 14 09:15 am |Rating: 0 0 |Link to Comment |View article
  • Is Archer-Daniels-Midland Co. Going Shopping?
    Corn Ethanol uses more energy in the production than you get out.

    And a tank of E85 will give you lower mileage than E90 or straight gasoline. Ethanol is a sucker's bet.
    Oct 08 10:40 am |Rating: 0 0 |Link to Comment |View article
  • Is Archer-Daniels-Midland Co. Going Shopping?
    The ethanol industry will only last until we get a president smarter than a brick-- Jan. 2009, presumably. And I'd prefer to avoid buying into an ethically challenged company like ADM. I never bought Enron, but my wife did. If a company is sufficiently corrupt, you can't trust the books. That's also why I don't touch anything in China, though there's plenty of money to be made there if you are always ready to sell fast at the first sign of trouble.
    Oct 08 00:16 am |Rating: 0 0 |Link to Comment |View article
  • Now There's An Ethanol Glut?! I Thought We Couldn't Make Enough
    In Douglas Adam's "HitchHiker's Guide to the Universe" (sci-fi) Earth's first colonists -- our ancestors-- at one point declare that leaves could be used as currency-- which lead to massive inflation AND deforestation.

    I used to think it was hilarious, before I saw how utterly alcoholic a person can be and still become President (perhaps with help from Diebold...).
    Oct 04 14:50 pm |Rating: 0 0 |Link to Comment |View article
  • Now There's An Ethanol Glut?! I Thought We Couldn't Make Enough
    It's production is also stupid because the conversion of ethanol to energy is more or less a zero sum game; you use about as much energy as you get out. If "W" pushed this into a renewable energy bill, one imagines it'll only last about as long as his Presidency.

    The way to sensible energy policy with respect to autos lies with better plug-in hybrids, I would think, which means increased electricity generation, which means more nukes, wind, waves, and geothermal. Coal is red hot right now, but that has huge environmental negatives, ranging from carbon dioxide, to mercury, to strip mining. Common sense from the federal govt is an exception rather than the norm, but one anticipates a big improvement after '08, given that the GOP has been traditionally more "bribeable" by the coal and oil interests.
    Oct 04 08:50 am |Rating: 0 0