Moving Forward
#311
Told ya so #2? Nah, I will still wait 'til summer when oil hits $100+ a barrel and they start parking 50-seaters in the desert just like they did during the Obummer admin.
https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ
But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ
But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
#312
Gets Weekends Off
Joined: Dec 2019
Posts: 407
Likes: 0
Told ya so #2? Nah, I will still wait 'til summer when oil hits $100+ a barrel and they start parking 50-seaters in the desert just like they did during the Obummer admin.
https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ
But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ
But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
#313
On Reserve
Joined: Feb 2021
Posts: 11
Likes: 0
Told ya so #2? Nah, I will still wait 'til summer when oil hits $100+ a barrel and they start parking 50-seaters in the desert just like they did during the Obummer admin.
https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ
But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
https://www.msn.com/en-us/money/mark...ar/ar-BB1duweQ
But “it is hard to escape the elephant in the room which is that these higher prices could well act as a brake on consumer demand, prompting demand destruction, and snuffing out any nascent recovery,” said Michael Hewson, chief market analyst at CMC Markets, in a note to clients.
#314
#315
On Reserve
Joined: Feb 2021
Posts: 11
Likes: 0
It's not necessarily the information, which itself is mostly conjecture. It's the method of delivery. You can be the most factually correct person on the planet, if you are a tool nobody will want to sit in a cockpit with you.
#316
A Tool? For slamming the door closed on climate change utopias in order to save my job, and ironically, your job too? Then so be it, I'm a proud Tool.
#317
On Reserve
Joined: Feb 2021
Posts: 11
Likes: 0
#320
Banned
Joined: Jan 2021
Posts: 1,164
Likes: 2
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.
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.
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