I know some of the small independent companies are in trouble but that's because they have a big debt load. I really doubt that companies like BP are in any trouble at all. They are making the same profit margin per gallon they were making before. If they were making 10cents a gallon 2 years ago net profit they are still making 10 cents a gallon net profit. When prices fall they suspend exploration and drilling. And they have been spending money buying up the small companies as they fail for pennies on the dollar. The big oil companies will be here when the smoke clears.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
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