Wednesday, January 21, 2009

How Low can oil go?

The question of how low oil can go,is not a good one.The reason oil is going lower is because the economy continues to drop.We can live with the Gas prices now,in hope that the economy will improve.I think farmers can live with the Diesel prices,soybeans are hovering around ten dollars,and there is money to be made there,if fertility rates are maintained.There is not a lot of land left,that cannot be Irrigated in some fashion.I have heard of some areas where the Lending institutions will not loan money to farm non irrigated land.Goose

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