[AT] was Ralph's rotary mower(now fuel price)

[Cecil Bearden]

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.
> _______________________________________________
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> Remembering Our Friend Cecil Monson 11-4-2005
> http://www.antique-tractor.com/mailman/listinfo/at