Short term: unregulated Wall Street run amok on speculating and trading commodities as the supply/demand fundamentals are no differentthan during the 50 dollar barrel era. A small coterie of wealthy traders is grabbing windfall profits while no one is looking. Long term: we are running out. The US has no more petroleum reserves of any significance, and we have to buy it from those that hate us. Besides, they aren"t making any more petroleum, and havent for many million years.
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
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