Posted by TomA on May 18, 2011 at 11:02:45 from (4.246.233.153):
In Reply to: O/T Oil/Gas posted by jhilyer on May 18, 2011 at 06:36:28:
Remember last time prices were sky high back in 08? When the economy tanked prices went from nearly $5 down to $2.29 in the matter of a week. Oil skidded from near $150 a bbl to $32. There was still plenty of gas. I think the oil price is what tanked the economy. Every body uses gas not everyone had one of those mortgages. So much for supply and demend, its all the traffic will bear.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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