That tells me there were 26 gamblers in that card game. It is all still supply and demand -- the Speculators bid and bet that oil will go up, probably most of them also ''short'' half again as much as they bid long so as to hedge their bet. In the above transaction as described so far, nobody has bought a barrel of $150.00 oil yet. Now comes Mr.Refiner and he has sold all of his $4.00 per gallon gas and he needs more oil -- well it costs what it costs -- if Mr. Refiner and all of his competitors had plenty of gas stocked up and could hold off buying crude for a month or so then crude would be cheaper and Mr. Speculator would be poorer, you can bet some of those Speculators that got fat last year are holding their britches up with a clothesline now. What would you regulate? do you want the Goverment to tell people what they can invest their money in? I know you will still not agree but also think about this, how come oil was $150.00 a barrel all over the world if it was those evil American oil traders that ran the price up -- Japan has ironclad contracts in the Middle East guarunteeing them so many barrels a day, that oil wasn't going to come here regardless.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Field Modifications (Sins of the Farmer) - by Staff. Picture a new Chevrolet driving down the street without it's grill, right fender and trunk lid. Imagine a crude hole made in the hood to accommodate a new taller air cleaner, the fender wells cut away to make way for larger tires, and half of a sliding glass door used to replace the windshield. Top that off with an old set of '36 Ford headlight shells bolted to the hood. Pretty unlikely for a car... but for a tractor, this is pretty normal. It seems that more often than not they a
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.