What are you talking about?? Oil is a commodity traded on the open market same as any other, corn included, I guess you don't remember oil " $30.00 per barrel in 2009 during the economic meltdown. I don't know how old you are but I can assure you that oil was cheap for most of your life and it will be cheap again if and when the federal government decides to put the citizens economic well being ahead of every whack job with an issue. A few facts that you conveniently overlook, the price of oil rarely exceeded $2.50 a barrel from the end of World War II until the Arab oil embargo in 1973, during the rest of the seventies oil averaged around $10.00 per barrel, it peaked at $30.00 per barrel in 1981 but by 1986 had dropped to around $9.00, throughout the rest of the 80's and 90's it never got above $25.00 per barrel, it was 2002 before oil ever saw $50.00 per barrel. You call others clowns but do you have any idea whatsoever how much it costs to find and produce a barrel of oil?, do you have any idea of the economic impact of the industry and how many millions of people are employed or the taxes paid by the tens of thousands of companies that would not exist if there were no oil business?
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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.
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