468,933
01-27-2021 | 06:02 AM
#2
Line Holder
Joined: May 2009
Posts: 516
Likes: 6
From: 756
Unfortunately with the holidays over, and less leisure travel at the beginning of the year - this is going to be pretty normal for the time being (until business travel starts picking up). Say what you want about the virus, but companies are really not traveling right now, especially now that a lot of firms are starting to see a light at the end of the tunnel.
The good news, is we have a few friends who are consultants at the big4, and they do expect to start traveling in 2H. There are going to be a lot of restructures to advise!
I think the real thing we should be tracking now is the number of vaccines administered - anything to get case quantity out of the news cycle.
The good news, is we have a few friends who are consultants at the big4, and they do expect to start traveling in 2H. There are going to be a lot of restructures to advise!
I think the real thing we should be tracking now is the number of vaccines administered - anything to get case quantity out of the news cycle.
01-27-2021 | 06:32 AM
#3
Line Holder
Joined: Oct 2019
Posts: 1,323
Likes: 1
Unfortunately with the holidays over, and less leisure travel at the beginning of the year - this is going to be pretty normal for the time being (until business travel starts picking up). Say what you want about the virus, but companies are really not traveling right now, especially now that a lot of firms are starting to see a light at the end of the tunnel.
The good news, is we have a few friends who are consultants at the big4, and they do expect to start traveling in 2H. There are going to be a lot of restructures to advise!
I think the real thing we should be tracking now is the number of vaccines administered - anything to get case quantity out of the news cycle.
The good news, is we have a few friends who are consultants at the big4, and they do expect to start traveling in 2H. There are going to be a lot of restructures to advise!
I think the real thing we should be tracking now is the number of vaccines administered - anything to get case quantity out of the news cycle.
01-27-2021 | 06:54 AM
#4
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,134
Likes: 797
From: Engines Turn or People Swim
It is 25% of last year (compared to the same day of the week a year ago). So when compared to a similar period a year ago whether it is a busy travel holiday or not is irrelevant. Decrease in business travel has been known for a while now. The 25% is bad news no matter which way you look at it.
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01-27-2021 | 07:24 AM
#5
Banned
Joined: Jul 2018
Posts: 261
Likes: 0
From: ATP
https://simpleflying.com/germany-may...ll-air-travel/
This is the same ideology that just took over at the helm here in the US. “The danger from the numerous virus mutations forces us to consider drastic measures. That includes significantly stricter border checks, especially at the borders of high-risk areas, but also reducing air travel to Germany to almost zero, as Israel is currently doing.”
01-27-2021 | 07:35 AM
#6
Line Holder
Joined: Dec 2018
Posts: 542
Likes: 72
You do realize that energy prices are tied to market outlooks, right? And if the economy were collapsing energy prices would necessarily decrease as demand cratered, correct?
01-27-2021 | 07:37 AM
#7
Line Holder
Joined: Oct 2019
Posts: 1,323
Likes: 1
Same thing was said when we were steady in the mid 30s and why it wasn't rising. Sorry, but this one just hits different.
01-27-2021 | 07:41 AM
#8
Line Holder
Joined: Oct 2019
Posts: 1,323
Likes: 1
It's not that simple. During the recession of the 00s (Which many consider the worst recession since pre WWII) gas prices were the highest they ever were, even when adjusted for inflation.
01-27-2021 | 09:31 AM
#9
Perennial Reserve
Joined: Jan 2018
Posts: 14,250
Likes: 257
with only 6.6% of the US population having been vaccinated for COVID AT ALL and 1.1% having gotten the two shot series that may be a nontrivial wait.
01-27-2021 | 09:40 AM
#10
Gets Weekends Off
Joined: Jan 2019
Posts: 1,130
Likes: 0
Prices were high at the pump in 2010 and 2011, but that was after the recession was officially over.
In the current situation we have an over supply in fuel which threatens to shut down already dug wells. The industry needs more consumption, not exploration.
I get a kick out of Americans talking about American energy independence via oil from Al Berta.
