The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

5 Reasons to Buy Holly Corporation

 Apr 28, 2008 08:56 AM UTC
Return Risk
-9.26% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
HOC Positive 04/28/08 -34.10% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  



Much of the world is experiencing famine. <!--more-->Food riots are occurring in Egypt, Bangladesh, Haiti, and South America, to name a few. The use of corn to produce ethanol has been blamed in part for food scarcity and rising prices. Government leaders in South America, India, and the U.N. have called corn as a biofuel "a crime against humanity". Rising food shortages will pressure the United States to stop subsidizing ethanol as an energy source. Ultimately, I expect the Pope to weigh in and speak out against using food for fuel.


At that point, the hue and cry will be so great that the United States will be forced to reverse its energy policy and allow the refiners to stop blending ethanol into gasoline, and thereby increase demand for their refined products.


 Graphic_website1 Read the rest of original post »



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch