Good post jdemaris! I never did see why so many people are so hostile towards the oil companies. They are just another company doing what they are supposed to do. Show a profit. A couple of points: 1) If all these people here who grumble about gas prices would just sell their antique tractors and invest the money into Exxon stock they would be glad to see even bigger oil profits. Anyone can buy oil stock. Anyone can share those profits. 2) Oil companies can not just arbitrairily raise their profit margin. They have to stay competitive or lose out to the other guys. Compare that to the State of Minnesota who just last week voted to raise our gas tax. 3) If we regulate the profits that big oil is allowed to make shouldn't we also regulate what other industries are allowed to make? Take a look at Hollywood for an example of how a chosen few are allowed to make an obscene profit on their investment.
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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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