After nearly 40 years in the business I am well aware of how oil is traded, but I did not mention ''gas'' as in refined from oil, I mentioned ''fuel'' and I was talking about LNG. On the same subject, whether we ever see $1.00 per gallon refined gasoline again depends on how it is taxed, we will see $20.00 per barrel oil again so $1.00 gasoline will be possible if the tax is not too high, just like we will see $2.50 corn and $4.00 beans again. If you think what goes up never comes down you have not studied the commodity markets very long.
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Today's Featured Article - Talk of the Town: How to Crank Start a Tractor - by Staff. This interestin discussion is from the Tractor Talk Discussion Forum. Remember that safety is your first priority - make sure you know what you are doing before attempting a potentially dangerous activity!
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