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 - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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