Oil companies raise prices quickly, in case you hadn't noticed. Oil that sells for $83 a barrel on Tuesday apparently hits the gas stations on Wednesday, refined and all, if the price per barrel has risen since Monday. [If the price is going down, that Tuesday oil doesn't arrive until a couple of days later.] Not sure how the oil companies do it, since I've never heard of a tanker ship that could travel that fast...but whenever the wholesale price of a barrel of oil rises, gasoline goes up a corresponding amount within 24-36 hours [and usually less time].
And since folks like me have to use either gasoline or diesel fuel to get to work, we are at the mercy of the posted price. We don't get to tell the oil companies to "sit on it" until the price goes down, because we have mortgages to pay and utility bills that go on whether we make the drive to work or not. So we make the drive to work in order to draw a paycheck, and we end up paying whatever they charge us for gasoline or diesel fuel, because our only other choice is to risk losing a job in a "down" economy, and thereby risk losing our home. Not all products are the "must-have" that motor vehicle fuel is, so using the oil companies' "formula" won't necessarily work for EVERY product on the market.
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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.
... [Read Article]
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