|
Tractor Talk Discussion Board |
Re: Re: Gas out days
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by bo on May 25, 2004 at 17:21:23 from (12.75.107.108):
In Reply to: Re: Gas out days posted by paul on May 25, 2004 at 09:56:55:
Won't come down if demand drops. First, demand won't drop enough. Too much wealth in this country. Secondly, gas is priced on a cost plus basis and not on a competitive basis. It competes with nothing. So..if it's not a competitive, substitutable product and demand won't drop appreciably, prices stay up or stay constant. Only saving grace is that Saudi Arabia has decided to boost production of oil by 2 million gals/day and that might, might have a depressing pressure on gas. You also need to factor in the international demand for oil, in particular, China. They're a developing economy and are presently becoming one of the biggest importers of oil. When that country with one billion people get fired up and they all get roads and cars..$2/gal will seem like a major bargain.
Follow Ups:
Home
| Forums
Today's Featured Article -
Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
... [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]
Copyright © 1997-2024 Yesterday's Tractor Co.
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. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
