Originally Posted by
Name User
That doesn't change the cost of jetA and of which most of the increase in the past few years is the crack spread due to a consolidation of refiners anyways. It's like 2x-3x the amount pre-Covid.
Suddenly EVs aren't looking like a bad idea. No oil shocks, no shock to the economy and this would mostly be a nothing burger economically speaking. The bigger issue at play is if this is sustained over weeks/months, the public will buy gas instead of tickets. High gas prices are like a tax on the economy. Same net effect.
You think EVs, “electric” vehicles are immune to the price of global oil?