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Old 12-05-2008, 05:36 PM
  #51  
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Originally Posted by RockyBoy View Post
It appears to me as if this market is now being driven by true supply and demand and not market manipulation and speculation. If that is the case, we should see it stop around the mid to high 20's. Then it should slowly creep up about 3-5% per year to match the increased demand.
I agree with your basic premise, but I think the rate of rise will be much faster to the $70 range (a more natural supply-demand point) than you do.

Peak oil is a myth that was created by speculators to run the price to $147.
I think most in the industry subscribe to peak oil theory, but I agree the $100/bbl plus price was not supply-demand.

Next year at this time the economy will be on the rebound, oil prices will be low, and hopefully this industry can get at least one good year before something else smacks us down.
I think the economy will recover slower and oil will increase faster than you do, but amen on the "smacks us down" comment. 9/11, bird flu, fuel costs, economic collapse...what's next, a plague of locusts?
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Old 12-05-2008, 05:39 PM
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Originally Posted by buzzpat View Post
I was his senior military aide, lived with him and his family in the White House, and traveled with him wherever he went. I've written several books about it.
Impressive, really.

My point, in terms of the current economic situation, is not to blame Clinton, however. I was just trying to break off the approach. The current situation is not Pres Bush's responsibility solely and I am tired of that very tired line.
Fair enough.
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Old 12-06-2008, 03:38 AM
  #53  
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Yet another stick in the eye from this brilliant administration.......

Delta Pilots Vigorously Oppose Slot Auction Proposal

ATLANTA, GA – Almost 12,500 Delta pilots, represented by the Air Line Pilots Association (ALPA), have invested significantly in Delta’s business plan for long-term growth with a focus on expansion of international flying, especially at JFK International Airport. This investment is now in jeopardy as the Department of Transportation continues with its ill-conceived gimmick to confiscate takeoff and landing slots of only U.S. carriers and then simply auction them away to the highest bidder.

Delta pilots strongly oppose the DOT/FAA plan, which would inequitably penalize Delta and other U.S. carriers serving the three major New York/New Jersey area airports for the benefit of foreign carriers and foreign jobs. The Delta pilots are actively involved in seeking legislation to ban this action, which will have a devastating impact on a critical American industry and American jobs at a time when the U.S. economy in recession can least afford it.

Under the proposal, the DOT would confiscate takeoff and landing slots of domestic airlines at JFK, LaGuardia, and Newark Liberty International airports each year for the next five years and then auction them off to the highest bidder – including to foreign operators. Even if U.S. carriers were able to buy back some of the slots they already own, in 10 years all slots would revert to the FAA, leaving carriers without any idea of their ability to operate their schedules or how to invest in the operations, facilities, aircraft, and employees necessary to compete at these airports. Originally proposed as a Bush administration solution to reduce congestion and delays and promote competition in the NY/NJ area, the plan will do anything but. The New York market is already the most competitive in the United States, with an average of 78 carriers serving the market and 80 percent load factors on U.S. carriers.

Congress and the Government Accountability Office have issued opinions that the DOT’s proposed actions are illegal and will likely violate the anti-deficiency statute, and the DOT Inspector General is currently investigating the same. However, the DOT has openly ignored this advice and defiantly stated that only a court ruling or an act of Congress will prevent it from implementing its scheme.

The Delta pilots support a constructive alternate plan for reducing congestion and protecting consumers that preserves jobs, allows for growth, and also protects Delta’s current and future investments in JFK and the region. The single most effective way to address delays at NYC airport is to accelerate implementation of the 77 short-term initiatives already identified by the New York Airspace Aviation Rulemaking Committee (ARC) and the New York—New Jersey comprehensive airspace redesign to include a reprioritization of user access. To date, fewer than 10 of these initiatives have been implemented by the FAA.

Founded in 1931, ALPA represents 53,000 pilots at 37 airlines in the U.S. and Canada. ALPA represents approximately 7,000 active DAL pilots and 5,100 active NWA pilots. Visit the ALPA website at ALPA - Home, the Delta MEC website at Public.
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Old 12-06-2008, 12:11 PM
  #54  
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Originally Posted by jsled View Post
Yet another stick in the eye from this brilliant administration.......

Delta Pilots Vigorously Oppose Slot Auction Proposal

ATLANTA, GA – Almost 12,500 Delta pilots, represented by the Air Line Pilots Association (ALPA), have invested significantly in Delta’s business plan for long-term growth with a focus on expansion of international flying, especially at JFK International Airport. This investment is now in jeopardy as the Department of Transportation continues with its ill-conceived gimmick to confiscate takeoff and landing slots of only U.S. carriers and then simply auction them away to the highest bidder.

Delta pilots strongly oppose the DOT/FAA plan, which would inequitably penalize Delta and other U.S. carriers serving the three major New York/New Jersey area airports for the benefit of foreign carriers and foreign jobs. The Delta pilots are actively involved in seeking legislation to ban this action, which will have a devastating impact on a critical American industry and American jobs at a time when the U.S. economy in recession can least afford it.

Under the proposal, the DOT would confiscate takeoff and landing slots of domestic airlines at JFK, LaGuardia, and Newark Liberty International airports each year for the next five years and then auction them off to the highest bidder – including to foreign operators. Even if U.S. carriers were able to buy back some of the slots they already own, in 10 years all slots would revert to the FAA, leaving carriers without any idea of their ability to operate their schedules or how to invest in the operations, facilities, aircraft, and employees necessary to compete at these airports. Originally proposed as a Bush administration solution to reduce congestion and delays and promote competition in the NY/NJ area, the plan will do anything but. The New York market is already the most competitive in the United States, with an average of 78 carriers serving the market and 80 percent load factors on U.S. carriers.

Congress and the Government Accountability Office have issued opinions that the DOT’s proposed actions are illegal and will likely violate the anti-deficiency statute, and the DOT Inspector General is currently investigating the same. However, the DOT has openly ignored this advice and defiantly stated that only a court ruling or an act of Congress will prevent it from implementing its scheme.

The Delta pilots support a constructive alternate plan for reducing congestion and protecting consumers that preserves jobs, allows for growth, and also protects Delta’s current and future investments in JFK and the region. The single most effective way to address delays at NYC airport is to accelerate implementation of the 77 short-term initiatives already identified by the New York Airspace Aviation Rulemaking Committee (ARC) and the New York—New Jersey comprehensive airspace redesign to include a reprioritization of user access. To date, fewer than 10 of these initiatives have been implemented by the FAA.

Founded in 1931, ALPA represents 53,000 pilots at 37 airlines in the U.S. and Canada. ALPA represents approximately 7,000 active DAL pilots and 5,100 active NWA pilots. Visit the ALPA website at ALPA - Home, the Delta MEC website at Public.
Watcha wanna bet it doesn't change under the next "brilliant administration?" Take off the rose colored glasses dude.
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Old 12-06-2008, 01:30 PM
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Originally Posted by buzzpat View Post
Watcha wanna bet it doesn't change under the next "brilliant administration?" Take off the rose colored glasses dude.
Exactly, tired of those who just can't stop themselves from blaming everything on one side of the equation - to narrow minded to see that both the democrats and the republicans (or is it the demoblicans and the republicrats? ) are just as guilty to the problems we are now facing.
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Old 12-06-2008, 03:28 PM
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I think jsled epitomizes those who have BDS (Bush Derangement Syndrome). Bush killed his cat, Bush causes cancer, Bush runs United...
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Old 12-06-2008, 04:02 PM
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Originally Posted by buzzpat View Post
Watcha wanna bet it doesn't change under the next "brilliant administration?" Take off the rose colored glasses dude.
If Obama replaces Mary Peters and puts Duane Woerth in the FAA administrators position, I'll betcha it will change.
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Old 12-06-2008, 04:07 PM
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buzz, I'm surprised how fast you went from being a "registered democrat" with Clinton to "The Conservative Military Voice in American Politics"
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Old 12-06-2008, 04:10 PM
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Originally Posted by RockyBoy View Post
If Obama replaces Mary Peters and puts Duane Woerth in the FAA administrators position, I'll betcha it will change.
I'll take that bet.
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Old 12-06-2008, 04:12 PM
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Originally Posted by James Bond View Post
buzz, I'm surprised how fast you went from being a "registered democrat" with Clinton to "The Conservative Military Voice in American Politics"
Me too. Actually, it was 7 years all told. Two years of living with the Clintons will do that to a guy, I guess.
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