Does the price of a loaf of bread drop when the commodity price of what drops? Of course not. I guess what I'm saying is that the price of crude does very little to the price of refined oil that you buy in a container. The biggest price is the cost of refinery, the price of the equipment used in the refinery, labor that is needed to refine the oil and also the price to transport it from the refinery to your doorstep. The price will drop (a little) when some company wants to increase market share and they lower their profits to try to meet that goal.
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Today's Featured Article - On the Road with Dave Gohl: Tractors and Farming - by Dave Gohl. I never thought I'd live to see the day, when I could call myself a farmer. What allows me to say this? Well, when our family moved to our 20 acre site near New Prague, Minnesota, I had one thought in mind. You guessed it, farm it somehow. A little history is in order. In my younger days, mom, dad and my brother made frequent visits to dad's youngest brother Pete, who took over the home farm from grandpa MIke. It was the typical set-up, milk cows, pigs & chickens. In the winter, we'd play
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For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
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