If gas hits $7 the country will probably fall into lawlessness. This is going to be a very interesting winter here in the north.
I think trying to speculate what the price of oil will be a year from now is pretty much a lost cause. I do believe the oil industry is going to keep the price high, since they discovered Americans will still buy gas at $4 a gallon. Oil was headed back down, so Opec just announced they were cutting production by half a million barrels a day and now these hurricanes are hitting the gulf coast so prices are going up again.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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