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.
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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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