[AT] (now fuel price)

[Lyle Myles]

Minimum wage is $5.75 an hour and they are trying to raise this so the poor
folks can stay poor as the increase will not meet the increase in living
expense.

Lyle Myles

May the Lord be with each and everyone this beautiful day that the Lord has
given each and every one of us to enjoy and behold!

 


-----Original Message-----
From: at-bounces at lists.antique-tractor.com
[mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Ralph Goff
Sent: Sunday, July 30, 2006 1:31 PM
To: Antique tractor email discussion group
Subject: Re: [AT] (now fuel price)

Just a thought that occured to me. Some 36 years ago when I was first 
working for "real money" making a dollar an hour stacking bales in the 
August heat behind a dusty New Holland 65 baler, gas at the pumps was about 
fifty cents a gallon. Farm gas was about 25,,,, diesel around  24. So an 
hours work bought me a couple of gallons of gas at the pumps to fill up the 
old 39 Ford.
Nowadays I am not paid by the hour but I hear minimum wage is around the 
$7.50 per hour mark here. So an hours work at $7.50 will not buy two gallons

of gas at today's prices. I'd say the balance has shifted.

Ralph in Sask.
http://lgoff.sasktelwebsite.net/
----- Original Message ----- 
From: "Cecil Bearden" <crbearden at copper.net>
To: "Antique tractor email discussion group" <at at lists.antique-tractor.com>
Sent: Sunday, July 30, 2006 5:56 AM
Subject: Re: [AT] was Ralph's rotary mower(now fuel price)


>I can honsestly say that I was not preparing for $3 a gallon due to the 
>information and teachings I received from folks I trusted.  I was always 
>told that it would come back down, and the Government would never let gas 
>get that high!!
> I was reading about making ethanol out of Mesquite in small sized plants 
> in the High Plains Journal.  Lord knows we got enough of that in SW 
> Oklahoma...
>
> Cecil in Okla
>
>
> ----- Original Message ----- 
> From: "Henry Miller" <hank at millerfarm.com>
> To: <at at lists.antique-tractor.com>
> Sent: Saturday, July 29, 2006 10:27 PM
> Subject: Re: [AT] was Ralph's rotary mower(now fuel price)
>
>
>>
>> On Saturday 29 July 2006 19:16, Lyle Myles wrote:
>>> The people knew twenty years ago that oil was
>>> becoming short and they wait until the last minute to find an alternate
>>> fuel source and I feel that it is now too late.
>>
>> As I recall a couple years back we had a discussion about ethanol, and it
>> seems most of this list was against it then, even though the government 
>> was
>> pushing it as an alternative to oil.   One thing is sure, All bio fuels 
>> are
>> raking in the money now, but currently technology to produce enough to 
>> get
>> rid of oil doesn't exist.  (If your tractor is old enough to run on 
>> kerosene,
>> it will probably run great on one of the bio fuels, but some of the more
>> middle aged tractors will need some adjustment)    That is why Bush said
>> Cellulose ethanol last January - it shows potention that it could replace
>> gas, and bring prices back down to a buck a gallon.   (Some corn ethanol
>> plants have a cost of production of $.80/gallon - supply and demand means
>> they can sell if for $2.50/gallon)
>>
>> After adjusting for inflation, Gas is no more expensive than it was in 
>> the
>> 1950s, but we are all used to $1/gallon, so it seems expensive.
>>
>> This big problem however is not the US, but China.   They have been 
>> growing at
>> 11% per year, which most economist agree will lead to a bust in a few 
>> years.
>> China however has enough command over their production that they can 
>> force
>> companies to produce at a loss to keep jobs around.   Wait a few years, 
>> and
>> all the iron will come back to the US, at prices lower lower than they 
>> bought
>> it as companies forced to produce something for which there isn't demand
>> lower prices trying to get anyone to buy it.   China is also likely to 
>> sell
>> all those US dollars they have been buying, in an attempt to prop up 
>> their
>> currency (they are buying now to try to keep it down).    Unfortunately 
>> this
>> is likely to mean China will drive the world into trouble in trying to 
>> keep
>> themselves out.
>>
>> What will happen?    God only knows.   I can point out some worrying 
>> signs
>> that you ought to consider, and some bright signs.   I cannot add things 
>> up
>> with any surety, and nobody else can either.
>>
>> One thing is sure: no government has ever proved trustworthy in the long 
>> run.
>> If your choices when gas was $1/gallon didn't prepare you for $3/gallon, 
>> you
>> have only yourself to blame.   You had (if you did the research) exactly 
>> the
>> same information that everyone else did back then.
>> _______________________________________________
>> AT mailing list
>> Remembering Our Friend Cecil Monson 11-4-2005
>> http://www.antique-tractor.com/mailman/listinfo/at
>
> _______________________________________________
> AT mailing list
> Remembering Our Friend Cecil Monson 11-4-2005
> http://www.antique-tractor.com/mailman/listinfo/at
>
>
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