NEW YORK, March 31- Last year's spike in the price of ethanol blending credits cost independent refiners at least $1.35 billion, more than three times as much as the year before, according to a Reuters' review of securities filings.
Cramer explains how to value stocks and find the least expensive one for your portfolio.
Cramer checks in with the CEO.
A long position in Green Plains Renewable Energy looked like a hot trade but all it did was burn. So what does Brian Kelly have to say about this stock now?
The bulls were giddy on Tuesday amid growing expectations that central banks around the world were ready to do even more to boost the struggling recovery.
In 30 seconds, Brian Kelly of Kanundrum Capital makes a pitch for Green Plains Renewable Energy.
Only if Green Plains Renewable Energy CEO Todd Becker can convince him why he should. Check out this interview.
Is the alternative energy boom long gone? It seems the environment for ethanol stocks is gloomier than ever. In 2005, the U.S. government ordered a mandate under the Energy Policy Act, requiring gasoline producers to quadruple the use of renewable fuel, in this case ethanol by 2022. The 2008 minimum mandate of 9 billion gallons of ethanol will significantly grow to 36 billion gallons of use by 2022. With such high growth expectations, why are these stocks so depressed?