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Old 05-15-2008 | 06:14 PM
  #11  
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Originally Posted by taylorjets
Oil is at 126 plus and trending higher. How much time do we have, or is it our time at all???
Last estimate I heard was 90 days left at current cash burn rate.

Looking for investors but none stepping up due to oil prices and credit crunch.

Sorry...
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Old 05-15-2008 | 06:19 PM
  #12  
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I heard it was eating into the cash for next years deliveries but wasn't at a time frame yet of when closure was coming. The magic number seems to be $120. Needs to get below that. $124.12 today.
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Old 05-15-2008 | 06:24 PM
  #13  
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What about that shinning star at 126 stuff?
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Old 05-15-2008 | 06:33 PM
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And its not trending higher. Well gosh it was down a whole .10 cents today!!!
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Old 05-15-2008 | 06:59 PM
  #15  
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Originally Posted by BoredwLife
And its not trending higher. Well gosh it was down a whole .10 cents today!!!

Light Crude (NYM )
June 08 ($US per bbl.)124.12-0.10...High..126.55..Low..120.90..Close...124.125/15 1:20pm
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Old 05-15-2008 | 07:01 PM
  #16  
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That sure is a lot of numbers there.
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Old 05-15-2008 | 07:03 PM
  #17  
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Originally Posted by BoredwLife
That sure is a lot of numbers there.
I cleaned it up a little.
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Old 05-16-2008 | 03:33 AM
  #18  
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any guesses as to what happens when the crack price hits 200 bucks?

Last edited by DYNASTY HVY; 05-16-2008 at 03:36 AM. Reason: spell chec not werking
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Old 05-16-2008 | 04:19 AM
  #19  
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Originally Posted by DYNASTY HVY
any guesses as to what happens when the crack price hits 200 bucks?
Airline management will have to switch to sniffing rubber cement for their fix.
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Old 05-16-2008 | 05:43 AM
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Good thing that NK targets the young and leisure travelers....
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