I have worked in the industry 38 years and counting and every year the USA's and the worlds actual proven reserves have increased, not decreased, much of the increase is due to technological advances, not only in reservoir recovery but in exploration and seismic discovery. Peak oil is a theory that has been totally disproved because what was known about geology and reservoir depletion in the 70's and 80's as compared to today is exactly like comparing the computer of the 70's and 80's to todays computers. The US can and should drill our way to energy independence and then use the outside oil while we ration ours, this is the exact model that kept oil at $3.00 or less per barrel from 1947 to 1972. Compare it to farming, what farmer in the 1930's would have believed 100 bushel corn, how many farmers in the 1960's would have beleived 300 bushel corn, technology and advancements in seed and fertilizers, the basic inputs, the same thing has been taking place in the oil industry. Political motivations are another thing entirely but we have not had a energy policy that puts the USA first in many years, neither party seems to get it, the same way they don't get cut the budget.
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Today's Featured Article - The Fordson F Ignition System - by Anthony West. A fellow restorer contacted me earlier this year asking for some help and advice on a model F that he was restoring. He had over a period of months spent a fair amount of his hard earned cash on replacement parts for the old "trembler" ignition. Sadly though all his efforts seemed to be a waste of time and money as he still couldn''t get the temperamental old thing to run correctly!! If i said that this was a little frustrating for him that would be "conservative" in fact the problem had reduce
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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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