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<p>[QUOTE=&quot;justafarmer, post: 1368900, member: 3926&quot;]Oh come on in 1920 there were around 7.5 million vehicles in the US now estimates puts that number over 250 million. 250/7.5 equals a factor of 33 1/3. How many gallons oil gasoline can you purchase with $33.33? 7 to 8 or even more gallons maybe? This is just cars and trucks and doesn&#039;t factor in tractors, construction equipment, airplanes, boats and etc. In the 1920s the US was the leader in oil production and a real net exporter. 1920s oil was extracted from shallow wells virtually free from governmental regulations and brought on line at very low cost and capital investment. This type of analysis leads to a road of false assumptions IMHO.[/QUOTE]</p><p><br /></p>

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