Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major
100 buck oil and the US buck >

100 buck oil and the US buck

Search

Notices
Major Legacy, National, and LCC

100 buck oil and the US buck

Thread Tools
 
Search this Thread
 
Old 11-17-2007 | 11:13 PM
  #1  
Thread Starter
Gets Weekends Off
 
Joined: Jul 2007
Posts: 193
Likes: 0
Default 100 buck oil and the US buck

Many airlines have tried to seek financial refuge in the last few years by expanding international operations.

Big problem brewing. The fall of the US dollar is part of the upward pressure on oil prices since world oil is priced in US dollars. US airlines flying abroad end up paying more US dollars for Jet fuel while the foreign airlines enjoy a cost advantage departing from overseas and filling up in the US.

This could get ugly real fast. The US consumer already loathes the thought of going to the airport. They are so fed up they are willing to try anything new (like a foreign airline). Now to make matters worse US airlines will not be able to compete on price because of the cost disadvantage on fuel.

Next shoe.... Oil gets priced in another currency!
Reply
Old 11-18-2007 | 01:43 AM
  #2  
ghilis101's Avatar
La Familia Delta
 
Joined: Oct 2006
Posts: 2,467
Likes: 0
From: B-717 FO / C-17 AC
Default

Originally Posted by seaav8tor
Next shoe.... Oil gets priced in another currency!
well this could probably happen in the not too distant future. as for us americans, we are consumers and we will spend spend spend. how many of us stopped driving our cars because gas went over $3 a gallon? nobody. as a matter of fact, people are still buying huge trucks and suv's. Its a fantastic show of old fashioned american spending baby! i love it!
Reply
Old 11-18-2007 | 07:40 AM
  #3  
HOSED BY PBS AGAIN
 
Joined: Mar 2005
Posts: 1,713
Likes: 0
Default

Funny how in the past few years our country has gone from one of the most respected to one of the most hated, our dollar has gone from one of the strongest to one of the most pathetic, and our government still thinks things are on the right track........................
Reply
Old 11-18-2007 | 10:27 AM
  #4  
CPOonfinal's Avatar
Gets Weekends Off
 
Joined: Sep 2007
Posts: 207
Likes: 0
Default

Yeah EWR, We should've continued to do the "big-boy" thing like Clinton and just turn the other cheek after an attack on our country.....

Venezuela has elected a President who is a Communist. They, along with China, are currently waging economic war on the US. Maybe it's just a coinicdence products coming from China JUST NOW are being made with lead, loose magnets, and drugged plastic. BTW, do some research on how things are going for the Communist country of Venezuela these days. It'll serve as a terrific measuring stick when Hitlery gets elected.....

I don't know about the rest of you but I really couldn't give a crap how other countries in the world feel about us......

I know this isn't supposed to be a political forum but as long as people keep bringing it up as well as having politically charged avatars like "F the President" I'll respond as long as I'm able.

For the original question: Since the dollar's value is so low, doesn't it make flying an American carrier (international) a smart thing if you aren't an American?

Last edited by CPOonfinal; 11-18-2007 at 10:33 AM.
Reply
Old 11-18-2007 | 11:29 AM
  #5  
C17MooseDriver's Avatar
Gets Weekends Off
 
Joined: Oct 2006
Posts: 394
Likes: 0
From: In the bunk
Default

If you're going to get up on your political soapbox, you'd better make sure it doesn't have made in China on it.
Reply
Old 11-18-2007 | 11:47 AM
  #6  
Riddler's Avatar
Gets Weekends Off
 
Joined: Jul 2006
Posts: 593
Likes: 0
From: Left Seat, Toyota Tacoma
Default

Originally Posted by seaav8tor
Many airlines have tried to seek financial refuge in the last few years by expanding international operations.

Big problem brewing. The fall of the US dollar is part of the upward pressure on oil prices since world oil is priced in US dollars. US airlines flying abroad end up paying more US dollars for Jet fuel while the foreign airlines enjoy a cost advantage departing from overseas and filling up in the US.

This could get ugly real fast. The US consumer already loathes the thought of going to the airport. They are so fed up they are willing to try anything new (like a foreign airline). Now to make matters worse US airlines will not be able to compete on price because of the cost disadvantage on fuel.

Next shoe.... Oil gets priced in another currency!
How do foreign airlines pay for fuel when in the US?
Reply
Old 11-18-2007 | 03:08 PM
  #7  
CPOonfinal's Avatar
Gets Weekends Off
 
Joined: Sep 2007
Posts: 207
Likes: 0
Default

C17,
Good one. I'm very passionate about politics but don't necessarily think it has (much) of a place here. As per the original question I think US carriers will prosper more outside the US than they will domestically if the dollar remains low, JMO.

Seaav8er,
As an airline passenger who flies several times a month, I can testify that your average passenger isn't fed up with going to the airport in general. I've flown through some of the bigger airports and have had no problem with going through security (I smoke, outside). I can also say that SEA has the worst baggage system/people in the industry as far as I'm concerned. I waited around an hour and a half for my bag. Security at RIC sucks because I don't think they have enough screeners. But by in large the experience still isn't all that bad. I think the media plays a HUGE roll in "how the average Joe" feels about going to the airport. I could go on but I think you get my feelings about this....
Reply
Old 11-18-2007 | 03:18 PM
  #8  
Gets Weekends Off
 
Joined: Jul 2007
Posts: 328
Likes: 0
From: HMMWV in Iraq
Default

Originally Posted by ghilis101
how many of us stopped driving our cars because gas went over $3 a gallon?
$3 a gallon for gas? At least that gets you someplace. Who is really complaining about $3 a gallon for gas when people are paying $1 for 16 oz of tap water? Works out to about $8 a gallon for tap water.

No, we as a country are nowhere near fedup with gas prices, and the oil companies know it.
Reply

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices