The US oil industry created the extra supply, the current low price is due to weak demand which is a result of a world economy in shambles, all of the psued socialist chickens in europe, south america, the UK and asia minor are coming home to roost. The US economy has been propped up almost exclusively by the energy sector these last 6 years, there would have been absolutely zero net economic growth in the 6 years of the current federal dictatorship if it were not for the energy sector, the recent gains in manufacturing were made possible by cheaper fuels, mainly natural gas. If oil hits the projected $20.00 per barrel mark the US economy will follow the worlds lead and nose dive.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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