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Caustic's Crystal Ball
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<blockquote data-quote="Isomade" data-source="post: 807427" data-attributes="member: 13135"><p>Isoms Optomistic Reply.</p><p></p><p>Caustic, your post boils down to the price of fuel. High fuel prices drive ALL input costs higher for the cattleman. However, I predict than in the next 5-10 years the price of fuel will plummet. Why? Electric Automobiles. Nissan just released the first fully electric car (the LEAF) it will go over 100 miles on one charge. Over the next 5 years this industry will get better and better. We will see automobiles be able to go 300-500 miles on one charge. When this happens, the demand for fuel will drop causing a drop in fuel prices. The major oil companies know this, that is why they are gouging the industry for all it is worth now. The government will raise taxes to make up for the loss of taxes on fuel, but the tax will be spread over all of America and allow the cattleman to make a better profit. Young cattlemen like my self have a bright future, as long as you can afford the land to run them on. Personnally I am here to stay, and I would hope that there are others that feel the same way. JMHO</p></blockquote><p></p>
[QUOTE="Isomade, post: 807427, member: 13135"] Isoms Optomistic Reply. Caustic, your post boils down to the price of fuel. High fuel prices drive ALL input costs higher for the cattleman. However, I predict than in the next 5-10 years the price of fuel will plummet. Why? Electric Automobiles. Nissan just released the first fully electric car (the LEAF) it will go over 100 miles on one charge. Over the next 5 years this industry will get better and better. We will see automobiles be able to go 300-500 miles on one charge. When this happens, the demand for fuel will drop causing a drop in fuel prices. The major oil companies know this, that is why they are gouging the industry for all it is worth now. The government will raise taxes to make up for the loss of taxes on fuel, but the tax will be spread over all of America and allow the cattleman to make a better profit. Young cattlemen like my self have a bright future, as long as you can afford the land to run them on. Personnally I am here to stay, and I would hope that there are others that feel the same way. JMHO [/QUOTE]
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