I think it is you that’s uninformed

 

No sour grapes at all, and I don't hate them. Just calling them what most of the traveling public sees them as. I'd be lying if I said that UAL wasn't a goal of mine years ago, but after seeing how poorly they treated XJT, my mind changed. I'm thankful for where I'm at, and I feel sorry for the good folks over there that are getting shafted by this crisis. Nothing against the pilots, I have a lot of friends there. Honestly, I don't really care what I look like to anyone. Think whatever you want, opinions are like ***holes- everyone has one, and they all stink.

 

Probably not. LOL

 

If you're buying oil it might be good in the very short term. Long term, disastrous.

The problem is that the current oil price is well below the cost of production for many producers, particularly in the USA. Oil extraction from many US oilfields, particularly shale, is expensive compared to just pumping it out of the ground. This will cause many producers to simply go out of business. The producers that will be left will be those with very low costs of production-like Saudi Arabia for example.

Once demand for oil returns, and it will, there will be far fewer producers and they will keep tight control over production to keep prices high. OPEC did this in the 1970s and they will do it again. We could see $100 oil in a few years, so if you could plan your aircraft network, you would take that into account and keep the most fuel efficient aircraft.

 

At least American and United sell jet fuel. They both own refineries and pipelines.

 

You sure about that? Delta owns the Trainer refinery in PA, but has been trying to sell it.

 

Better question. Why are you a 50+ year old regional lifer, spending your days trolling other airline boards. Get outta moms basement, meet someone and move on!!!

 

Correct Ghost rider.... this isnt some random recession you are about to see. You are seeing the beginning of something your grandma hasnt even witnessed in her lifetime! The world is closed, we are month or two away from a massive great depression and yes, the airlines will literally be destroyed along with 95% of the people around the world. Oil producers are seriously paying to get rid of their oil, never has that ever happened. We will be seeing massive furloughs and job losses, employment rate will be in the 40% I have tons and tons of Gold and other HARD assets, so if you have no Gold you have made no right moves! The US dollar is toast and so are you! GET READY FOR THE STREETS PAL!! I HAVE KNOWN ABOUT THIS FOR YEARS!! ALL THE BUBBLES HAVE BEEN POPPED!! IM WELL PREPARED!!

 

You are right. I’m wrong.

 

Cool story