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Archer Daniels Midland Company Message Board

  • manylumen manylumen May 19, 2009 10:13 AM Flag

    bio fuels

    I read today that Shell is looking to focus on biofuels development. Just what sort of biofuel i dont know. Shell did confirm its view that long term the "easy oil" is not going to be found. Added to this comments that total the French oil company sees as peak oil very near, has been looking at oil sands, it is almost certain price of crude and gasoline and therefore ethanol and biodiesel are going higher. Short term still lots of comments on slow/long economic recovery. Given all of this adm looks excellent investment for a number of reasons. In addition to energy sector earnings the core adm business is more or less recession proof. still my best long term pick at this time.

 
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