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Ethanol stocks rise for second straight day

December 17, 2007 – Comments (0)

(MarketWatch)
By Steve Gelsi
Last update: 11:00 a.m. EST Dec. 17, 2007

NEW YORK (MarketWatch) -- Ethanol stocks moved up for the second straight day after a bill passed the U.S. senate late Thursday that would boost requirements for biofuel. Aventine Renewable (AVR:
aventine renewable energy com

AVR 11.97, +0.53, +4.6%) rose 4.3% to $11.93. VeraSun (VSE:
verasun energy corp com

VSE 14.80, +0.02, +0.1%) edged up 2 cents to $14.80. Pacific Ethanol (PEIX:
pacific ethanol inc com

PEIX 7.37, +0.75, +11.3%) rose 12% tp $7.39. The rise came even as the World Trade Center launched a probe into U.S. farm subsidies, which include payments for ethanol production.