Originally Posted by
gloopy
Also, where will fuel be in the late 20 teens? All signs point to nowhere for crude to go but up on a multitude of fronts from currency devaluation to global demand to geo-political restrictions to self imposed carbon based wealth redistribution schemes to name a few. Can we afford to sit on the sidelines and pass up 15% in the hopes that yet another paperware/vaporware jet to be named later comes along...and for what...that additional 5%, maybe?
Fuel is up 2.5% for the week ending Friday and 17.6% over the last year. You are right about the factors which will push fuel, along with other commodities higher.