After nearly 40 years in the business I am well aware of how oil is traded, but I did not mention ''gas'' as in refined from oil, I mentioned ''fuel'' and I was talking about LNG. On the same subject, whether we ever see $1.00 per gallon refined gasoline again depends on how it is taxed, we will see $20.00 per barrel oil again so $1.00 gasoline will be possible if the tax is not too high, just like we will see $2.50 corn and $4.00 beans again. If you think what goes up never comes down you have not studied the commodity markets very long.
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Today's Featured Article - Tractor Hydraulics - The Basics - by Curtis Von Fange. Hydraulics was one of the greatest inventions for helping man compound the work he can do. It’s amazing how a little floor jack can lift tons and tons of weight with just the flick of a handle. What’s even more amazing is that all the principals of hydraulic theory can be wrapped up in such a small package. This same package applies to any hydraulic system from the largest bulldozer to the oldest and smallest tractor. This short series will take a look at the basic layout of a simple hydraul
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