Originally Posted by
The Duke
We've hit peak oil, the changes we're seeing in the industry today are consistent w/ what would be expected w/ peak oil.
The CEOs could have done a better job of trying to mitigate the consequences of oil prices...what did they expect, for oil prices to stay flat? Now to try and soften the impact of their mismanagement, the CEOs have figured a form letter to Joe public will solicit change...fat chance.
This is probably the most pathetic thing I've seen from airline management so far. Probably concocted this plan while they were at the annual CEO get-together they have up in Wyoming each year.
Oh really i guess the numerous other countries that are also calling for an end to oil speculation are "pathetic" also?
http://www.riverfrontig.com/commenta...c/sv063008.pdf
Also today China announced they were going to export oil because they had to much. That should have dropped the price of oil today showing a decrease in demand in China, which is who the speculators like to blame for the Supply and Demand "issue", but instead Oil Spiked $5 dollars today on NOTHING. Speculators are trying to point fingers at anything but speculation to try and draw attention away from their greed.
This has alot more to do with speculation than some may want to admit.