Are you ready for this possibility?
06-26-2008 | 10:20 AM
#11
A Second Past V1
Joined: Feb 2007
Posts: 743
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From: Assumed
$200 oil is next to impossible.
Look at global economies. Theyre all down 5-10% with oil where it is right now. As the price increases, everything will slow down worldwide.
92 Set, think about it: If the reluctance to fly goes downhill, there will be less flights. Less flights equal less fuel consumption. Less fuel consumption on a global scale means a greater surplus of fuel in reserves. Excess fuel dictates prices go down. Simple supply/demand theory.
Besides, if oil brushes with $200, a recession would be underway if not imminent, and then it will all slide downhill, probably to levels we see today.
Look at global economies. Theyre all down 5-10% with oil where it is right now. As the price increases, everything will slow down worldwide.
92 Set, think about it: If the reluctance to fly goes downhill, there will be less flights. Less flights equal less fuel consumption. Less fuel consumption on a global scale means a greater surplus of fuel in reserves. Excess fuel dictates prices go down. Simple supply/demand theory.
Besides, if oil brushes with $200, a recession would be underway if not imminent, and then it will all slide downhill, probably to levels we see today.
06-26-2008 | 11:52 AM
#13
Gets Weekends Off
Joined: Jan 2006
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I find it funny that people are so "glass half full" type of people the airline industry as we know it is finished. oil will be 200 bucks by dec. An airline or two will fall thats a fact. if youre a pilot and you are not close to the top of the senority list your in for a career change. We already have 4000 or so pilots at home for the unforseen future. The fact of the matter is that US airlines can't make money in the industry as it is now and the traveling public will just have to pay good money for a seat = less butts on the plane = less planes = less pilots = less jobs. Its over, over ,over,over(.) period end of story.
06-26-2008 | 03:24 PM
#15
Prime Minister/Moderator
Joined: Jan 2006
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From: Engines Turn or People Swim
Maybe,...maybe not.
""Keep in mind that Israel does not have strategic bombers," Oren said. "The Israeli Air Force is not the American Air Force. Israel can not eliminate Iran's nuclear program."
Israel Prodding U.S. To Attack Iran, White House Weighs Striking Iran's Nuclear Complex, Which Could Trigger 3rd War In Region - CBS News
""Keep in mind that Israel does not have strategic bombers," Oren said. "The Israeli Air Force is not the American Air Force. Israel can not eliminate Iran's nuclear program."
Israel Prodding U.S. To Attack Iran, White House Weighs Striking Iran's Nuclear Complex, Which Could Trigger 3rd War In Region - CBS News
They sure did a number on Syria a few months ago with conventional weapons.
The would prefer that the US take any necessary pre-emptive action because the arab world might not sit still for an Isreali strike on Iran. The arabs are kind of used to getting spanked by the US by now
They might not have the specialized deep-penetrating conventional weapons needed to get at deeply buried facilities...but tactical nukes would probably do the job if it came to that.
06-26-2008 | 03:46 PM
#16
Gets Weekends Off
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Actually I think he/she is right. I believe Israel will hit Iran before the November elections, they know that in all probability Obama will win and the idea of appeasing the Persians and the Arabs will not fly with the Israelis. They know they have a very short window of opportunity to act, a few years at the most.
Additionally, Ehud Olmert (Israeli PM) is considered a wimp by most Israelis because of the severe restrictions he put on his military when they fought against the Hezbollah - a war Israel lost – he’ll try to change that perception by attacking Iran harder than most people anticipate.
I think he’ll go not only after the enrichment plants but will also try to take out many Revolutionary Guard installations and even Ahmadmanjihad.
The Israelis know that the world has betrayed them before and in likelihood would do it again if "the price's right". As always the world will condemn Israel officially but behind the closed doors many western AND also some Arab nations will offer a conditional support for the attack.
Only time will tell but I believe the clock is ticking…
Additionally, Ehud Olmert (Israeli PM) is considered a wimp by most Israelis because of the severe restrictions he put on his military when they fought against the Hezbollah - a war Israel lost – he’ll try to change that perception by attacking Iran harder than most people anticipate.
I think he’ll go not only after the enrichment plants but will also try to take out many Revolutionary Guard installations and even Ahmadmanjihad.
The Israelis know that the world has betrayed them before and in likelihood would do it again if "the price's right". As always the world will condemn Israel officially but behind the closed doors many western AND also some Arab nations will offer a conditional support for the attack.
Only time will tell but I believe the clock is ticking…
Last edited by ⌐ AV8OR WANNABE; 06-26-2008 at 03:54 PM.
06-26-2008 | 03:52 PM
#18
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Line Holder
Joined: Jun 2005
Posts: 67
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From: B-757, B-767 F/O
Couldn't have said it better myself, AV8OR. To me it's a no-brainer that a strike on Iran will occur, and the resulting carnage (oil hitting $200, economies tanking from this new war) will affect our industry more than any other.
06-27-2008 | 06:50 PM
#19
Gets Weekends Off
Joined: Jun 2006
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Iran will have to be dealt with at some point, I truly believe that. Whenever that happens, oil will get more expensive. Whether it goes from $140 now, or from $60 to $100 at some point in the future will be a shock to the system. In my view, if the Isrealis can attack and cripple Iran, and perhaps the vile leadership without us having to do it would be a gift. The Iranian leadership needs to be removed...may as well do it now while things suck anyway, and let the Isreal do it.
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