Adjusted for inflation, gasoline is cheaper now than it was in 1968. Considering how fuel efficient vehicles are now, it’s never been cheaper to own and run one. Think about how many miles you got outta your car in 1970, 1990, now. Think about many vehicles your parents owned, how many you owned, and how many your kids own. Owning a vehicle is cheap today. It’s not necessarily a good thing.
We’re in an unusual spot where producers are overproducing because they can. Believe it or not, oil producers would love gasoline to be $4.00 per gallon. Problem is some recent innovations in production have lowered the cost of extraction, or have made otherwise inaccessible oil accessibile. Once it dries up, hello $4.00 gasoline, unless another technology is developed to make more accessible. At some point that no one has been able to predict yet, we will run out of ACCESSIBLE oil. The price will naturally increase due to lack of supply. The question we SHOULD be asking is “what are we doing to prepare for that day?”
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Lets make one more addition to our series on hydraulics. Ive 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
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