Try this analogy. You're driving down I-5 in California in a sandstorm. You're doing 80 mph because everyone else is doing eighty. But you don't know that a mile up the road traffic is at a dead stop. Guess what happens? A 90-car pileup!
That's exactly what happened with oil. Demand was high, so everyone was producing and refining as much oil as they could. The demand stopped. All that oil in tankers and pipelines has no place to go. Huge pileup. And guess what: once things start moving again, it's going to be awhile before production gets as high as it was before. Expect high prices again in the not-to-distant future.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
... [Read Article]
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Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
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