VeraSun Reveals Only Four Of It's Plants Are Operational
If ever you wanted further proof that the US ethanol industry is an entire pack of cards waiting to collapse then here it is.
VeraSun, which is, or rather was, the second largest US ethanol producer says that only four of it's sixteen US plants are operational. The other twelve are all what VeraSun calls "hot idle" - ie not operational. Shut is one way of putting it, but hot idle sounds kind of sexy doesn't it?
"Hey Chuck, we're hot idle here & just waiting for the word to set this baby rolling."
"As soon as oil goes back up, corn prices come down, they double our tax break and Obama single-handedly turns the world economy round we're ready to go."
VeraSun, which is, or rather was, the second largest US ethanol producer says that only four of it's sixteen US plants are operational. The other twelve are all what VeraSun calls "hot idle" - ie not operational. Shut is one way of putting it, but hot idle sounds kind of sexy doesn't it?
"Hey Chuck, we're hot idle here & just waiting for the word to set this baby rolling."
"As soon as oil goes back up, corn prices come down, they double our tax break and Obama single-handedly turns the world economy round we're ready to go."
