I do not think anyone really believes that oil is in short supply. You hear all the time about OPEC capping wells to slow supply.
But it is all about Supply and Demand. The oil companies control all the supply. And everyone of us with a car controls Demand.
As long as we demand a steady supply of gas and diesel; and are willing to pay anything to get it; the oil companies will do as they have been doing.
Look at it this way......... You have a used tractor. The book value is $4000. Everyone you have talked to says if you get over $4000 you will be very lucky. Then I come along and offer you $6000 for it. Are you going to tell me it is only worth $4000 OR are you going to take my money and laugh at me all the way to the bank.
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Today's Featured Article - The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o
... [Read Article]
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