The price of a barrel will be over $100 by the end of the year. The result of the price increase and actions to be taken from UA is still up in the air, but some of you are completely arrogant to think the price of oil is not on track to increase dramatically.
It’s not just the current administration aggressively reducing supply.
https://www.reuters.com/article/us-global-oil-inventories-graphic-idUSKBN29F06D
The result for increased prices will push the effort for more renewable energy productions naturally. This will also increase revenue from sales tax to help our debt burden as well.
https://taxfoundation.org/oil-industry-taxes-cash-cow-government/
If you’re an Airbus A220 driver, you don’t mind any of this. On the contrary if you’re a CRJ200 driver flying gas guzzling overhauled turbine engines, you SHOULD be worried.
Last edited by LAXtoDEN; 02-08-2021 at 10:02 AM.