Geez...here I thought the oil co's announcements of their profits were at least a starting point, but now I find out they're really in bad shape, just hanging on by their fingernails???...C'mon, guys, we need the oil co's, we can't let 'em sink, let's send 'em food packages or something... GREG: You're right: when revenue comes down, the irresistible urge is to raise taxes. Now, as to the gas tax, websites say NEB gas tax IS higher (44.6 cents per gal vs from 32.4 (WYO) to 43.4 (KS)) than adjacent states---BUT: other than the latest raise, that's been basically the same tax on $2 gas as on $4 gas, so the lions share of the raise isn't taxes... (Website state/fed txs DON'T include local taxes, which may add several cents, but not $2-$4 differences). Are gas prices really 12.2 cents cheaper in WYO and 8.6 cents cheaper in MO adjacent to Neb, and does anyone from Neb drive across the state line to buy gas??? With sympathy, Bud
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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