T-40 -- The worlds largest oil companies are drilling in the US Gulf of Mexico and spending plenty of money doing it. There is a deepwater drilling boom that started roughly 10 years ago and is still going strong. I am not saying that Exxon and Chevron and all the rest are run by Mother Theresa, I'm saying that the people who do run these companies want to be able to operate their business and make a profit, pretty simple. No US oil company or foreign oil companies operate in Saudi Arabia, only one player there, Saudi Aramco, most Saudi oil goes to the far east. Wells in the USA do get capped when prices are low mainly ''stripper'' wells, say a well that makes 2 bbls per day and the electricity or diesel fuel needed to pump the 2 bbls costs more than the 2 bbls is worth. These same wells would be put back in production when prices go up. There are thousands of these type wells across the United States. Economics 101. I would really like to know how you came to the conclusion that big oil was against drilling in the USA when they spend millions lobbying congress every year trying to drill.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
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.
