Originally Posted by ToiletDuck
(Post 334913)
Has anyone noticed the price of Exxon in Forbes? Us to be Microsoft was the largest company in the wold, then GE would sometimes bump it. Now Exxon is almost double what Microsoft is. Around 446billion worth where M$ is at around 226billion.
And yes, it's ridiculous to park airplanes as opposed to passing fuel cost onto the consumer... |
Originally Posted by ToiletDuck
(Post 334846)
Cheap time to buy airline stocks. It's not so much the price of oil that's increasing as it's the value of the dollar decreasing. Since Oil is traded in US dollars and the dollar is some 40-45% down from the norm then the price of oil has risen accordingly. Our goal shouldn't be to lower the price of oil as it should be to raise the value of our economy thus lowering the price of oil. We need to send Afghanistan a letter signed "with love" and get gone. I can understand leaving troups in Iraq for now but the price tag of our military single handily crippled us. Couple that with less new money coming in from all the crisis and things aren't looking too good. Can't sit here and worry about it though it won't solve anything. Want to make a difference? Keep going to work and keep that cash flowing. We don't need stagnation. It's almost as if terrorism did win. Because of the attacks we've seen security and the cost of security go through the roof, every politician uses it as a standpoint to argue for what they want money for. Milk and education vs. using that money to fight terrorism and it's always terrorism that wins that bill. Sooner or later enough is enough. There's reasonable concerns and then there's unreasonable. No reason a tiny town in the middle of nowhere should be getting a million dollars worth of Hazmat suits :/
I'm looking for a fed cut in the middle of March here. Should be the last one for a good while. Couple that with the rebate checks and things should start looking up. |
and I thought that the oil being taken out of Iraq it was going to be used to pay for the war...(as Mr Bush said ,but of course another lie right?).
They thing as I see it is that every day We are sending millions of dollars to pay for the oil to the Saudis,venezuelan and they're getting richer and we are getting poorer...if we don't do something now We are going to end up like third world country. |
Originally Posted by papacharlie
(Post 334955)
and I thought that the oil being taken out of Iraq it was going to be used to pay for the war...(as Mr Bush said ,but of course another lie right?).
They thing as I see it is that every day We are sending millions of dollars to pay for the oil to the Saudis,venezuelan and they're getting richer and we are getting poorer...if we don't do something now We are going to end up like third world country. |
Originally Posted by Airwaves
(Post 334821)
It's called hydrogen.
Everything I've read about hydrogen points to the fact that it takes more energy to produce than it delivers. In other words, it's not an energy source, but a transport mechanism. |
Originally Posted by Lighteningspeed
(Post 334989)
I agree with you there. You should read this guy with a user name "JetPiedmont" over at the Major section under the Oil $100 a Barrel thread. He is clearly not an airline pilot and eveything he writes reads like a propaganda material from the oil companies. He thinks the oil industry profit is completely reasaonable and that they are only making 10% net profit and that we should stop bashing the oil companies to take out our frustrations. He must think we are all idiots. Any corporation can write off as much as they can possibly get away with. CNN reported not too long ago, Exxon Mobile's profit going up over 300% in the first quarter of 2007.
There was also a news story about an Airbus A380 powered from a fuel liquified from natural gas. |
Originally Posted by WhizWheel
(Post 334933)
illegals are entitled to the same rebate checks
can anyone tell me again how they're entitled? :confused: |
Originally Posted by SAABaroowski
(Post 334900)
Its funny airlines would rather park airplanes then pass on the cost of fuel to the PASSENGERS.
|
meeko031 wrote:
can anyone tell me again how they're entitled? People getting a rebate this summer are people who filed 2007 income taxes. So legal or not if you paid/filed you taxes, you get a rebate check. |
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