Some context:

The conversation in question actually occured between JG and one of the CVG LEC reps. CVG apparently does have a connection flight to DTW whose AC is apparently frequently used as a spare for other routes, and hence, cancels frequently. A dicussion ensued about how exactly a pilot would get access to that information. I was less than thrilled about the answer - basically if you've tried to use it multiple times and its frequently canceled, you shouldn't rely on it. Personally, I agree that we shouldn't be responsible for the inability of one of our regional partners to operate our published schedule - but I'm just relaying what was said.

Relying on OAL's as primary was also brought up as an example of a troublesome practice, due to lack of information on availability and jumpseat occupancy. (Again, just repeating what I heard, so don't shoot the messegner!) I'll agree that the new policy is good policy on paper, but its not worth much if a responsible commuter is afraid to use it. A little trust and mutual respect would have gone a long way in that memo.

On the bright side, they will do a multi-leg positive space if necessary.

RE: Oil
If you acutally listen to the anylsts and traders that know what the heck they're talking about, ACL is likely correct. To add to what he's already said; Currently, the U.S. still has a pretty significant surplus in oil supply. The NYMEX delviery point in Cushing Oklahoma, is currently filled to capacity - as is the Strategic petroleum reserve. Lybia produces roughly 2% of the worlds supply, very little of that makes it to our shores, and OPEC has quite a bit of spare capacity the can put into play. I think FTB hit the nail on the head that when gas gets to around $3.50, consumers will pull back again (it acutally happened at $3.30 in 2008,) and all of the sudden a temporary 2% drop in supply is starring at a 5% drop in demand.

On the other hand, if oil does go to $220, we could likely just buy those NYC slots and gates from LCC on the auction block....