Posted by LAA on November 22, 2014 at 07:33:55 from (86.51.147.113):
In Reply to: Re: diesel price WOW posted by sourgum on November 21, 2014 at 21:00:41:
Saudi Arabia's strategy is much different that the US strategy concerning production, in the US the recoverable oil is much more expensive to get than in Saudi. US oil companies produce oil and gas to make a profit and drill exploration wells to maintain and increase proven reserves, Saudi Arabia is more geared toward maintaining market share of approximately 10 million barrels per day, when supplies of oil are plentiful it will initially appear as if Saudi Arabia is dumping oil on the market when in reality they just have not cut back yet, this may not be the case for too many more years as the easy oil is about finished in Saudi as it is in many other parts of the world. The only stranglehold any nation has on the US concerning oil production and supply is the US itself, in the form of the federal and several state governments. The US has more currently recoverable oil and condensate than anywhere else on earth, period, this has been documented for well over 100 years and the proven reserves have grown both offshore and on land for every single year since records have been kept.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.