Ethanol Stocks Volatile as Key Subsidies Are Set to Expire

The Wall Street Journal's MarketWatch

The Bedford Report Provides Equity Research on Pacific Ethanol & BioFuel Energy Corporation

NEW YORK, NY, Dec 13, 2011 (MARKETWIRE via COMTEX) -- U.S. ethanol stocks have been volatile in recent weeks as investors brace for the expiration of the Volumetric Ethanol Excise Tax Credit at year's end. The subsidy is worth 45 cents per gallon of ethanol or 4.5 cents on a gallon of fuel pumped at the local gas station. The Bedford Report examines the outlook for companies in the Ethanol Industry and provides investment research on Pacific Ethanol Corporation /quotes/zigman/5369787/quotes/nls/peix PEIX +1.74% & BioFuel Energy Corporation /quotes/zigman/104236/quotes/nls/biof BIOF -5.34% . Access to the full company reports can be found at:

http://http://www.bedfordreport.com/PEIX

As Philip Walzer of the Virginian-Pilot reports, "For more than 30 years, the federal government has offered tax credits and imposed a tariff to stimulate U.S. production of ethanol, nearly all from corn."

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