Sideshow Bob

Current fuel costs aren't anywhere the near "true" cost, but are far more driven by similar market forces that drove electric rates in CA a couple years back to record levels, along with rolling black-outs. The total electricity supply is identical this year to then (thanks to the enviro-socialists barring new power plants) while demand has increased, yet there is no "shortage" this summer....hmmm. Pricing of oil has similarly less to do with supply/demand than speculation and market manipulation by our Arab and S.A. dictator buddies. The demand from China and India hasn't increased in the last year as much as the price has it? Bush does certainly seem useless calling in favors from his Saudi buddies (they did hold hands though) or the Iraq stooges he installed and Barry Obama isn't helping saying going after more now won't help. It is a Bush/Gore worthy gaffe to say that (to paraphrase) drilling today won't lower the price at the pump next month. Of course not moron, but ask him if he's sending his daughters to college and he'll say of course. So ask him if that will make them smarter next month and you'll get that same deer in the headlights look that we'll be seeing a lot more of leading to November...should make for good comedy.

We can only hope that things will seek equilibrium somehow before we actually do go into deep recession...I just hope it doesn't take too much government monkeying (maybe just the threat of it would do the trick) to stop the seemingly runaway train.

Slice

Am I the only new hire (<2 yrs) that isn't really worried too much about my job? The Co is still making money and a lot of it at that. They still need to provide service even if the volume drops. There's still a lot of growth potential worldwide...
That being said, I'm not giving up my security blanket(ANG) just yet...

brownie

Free oil? Wait till he starts another war and more likely with iran and 4$ gas will be disney land compare to 10$ gas and 400$ oil. Lets not wish for it because we may just get it and if it does see ya at the soup line when GW cashes in with chaney smoking cigar on top of newly relocated haliburton in dubai of course if there is a dubai when the mega war breaks out.

CactusCrew

You might be one of the few ... But some of us are old farts without a "security blanket". And have been working at bottom feeders for most/all of their career ... FWIW.

Although I do feel more secure at 150 from the bottom here at UPS than I would at USAir/Cactus with 400 below me ... not that that is saying much !

liftr92

Only thing I've heard on the hiring front was "up to 12" for the DC-8 FE - but that was three weeks ago - believe it when I see it till then avoiding ANC at all costs

MiserDD

Oil Shale is where our future oil will come from and all we have to do to see an immediate drop in oil prices is for congress to allow immediate drilling.

A 2005 estimate set the total world resources of oil shale at 411 gigatons — enough to yield 2.8 to 3.3 trillion barrels (520 km³) of shale oil. This exceeds the world's proven conventional oil reserves, estimated at 1.317 trillion barrels (209.4×109 m3), as of 1 January 2007. The largest deposits in the world are found in the United States in the Green River basin, which covers portions of Colorado, Utah, and Wyoming; about 70% of this resource is located on federally owned or managed land.[22] Deposits in the United States constitute 62% of world resources; together, the United States, Russia and Brazil account for 86% of the world's resources in terms of shale oil content. These figures are considered tentative, as several deposits have not yet been explored or analyzed.

Fear in the Middle East that the world could turn to the US for all their energy needs would force them to immediately flood the market with cheep oil to immediately lower the price and keep the world focused on the middle ease as major source of energy. Our own environmentalist would point out that due to the drastic drop in oil prices there was no longer a need to start shale development.

Not to worry, congress just voted last month to again keep drilling out of this area. Hillary and Obama both took a break from their hectic in-fighting to cast their votes against the exploitation of these oil shale fields.

Trash Hauler 1

I didn't realize Howard Dean was an airline pilot!! (bg)

TH1

brownie

Thanks for the howard dean coment atleast you didn't offend me by calling me a republican.

⌐ AV8OR WANNABE

Could be worst, he/she could've called you a democrat or even worst – a liberal!

...an eye for an eye, right?

Trash Hauler 1

[QUOTE=⌐ AV8OR WANNABE;416088]Could be worst, he/she could've called you a democrat or even worst – a liberal! QUOTE]

I thought the appelation was obvious.... at least he didn't scream and name random cities. Some part of the meds is obviously effective! (bg) I gotta say though, if comparing you to Dean flatters...

TH1

ps Its all in fun