What's it coming to? The ripple effect?

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04-02-2008 | 02:46 PM

#11

cfii2007

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How about Scooter University?

04-02-2008 | 03:36 PM

#12

usuav8r

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From: CRJ FO

Continental is supposed to test one of their 737's next year with biofuel:

http://www.gizmag.com/continental-ai...t-flight/8998/

If that works out maybe our futures will be safe...

04-02-2008 | 06:56 PM

#13

ExperimentalAB

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Joined: Apr 2007

Posts: 3,846

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Quote:

Originally Posted by usuav8r

Continental is supposed to test one of their 737's next year with biofuel:

http://www.gizmag.com/continental-ai...t-flight/8998/

If that works out maybe our futures will be safe...

So instead of acid rain, we'll get fried rain LoL. Problem is, if everybody jumps on that bio-fuel bandwagon, the cost of waste oil from McD's might surpass that of gas!

04-02-2008 | 08:08 PM

#14

johnpeace

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From: ASA FO

It's not about oil, there's plenty.

It's about the dollar.

It's not backed by anything except debt...making it pretty much worthless.

04-02-2008 | 08:13 PM

#15

phoenix 23684

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From: Airbus F/O

Quote:

Originally Posted by PittsburghDude

wow, no idea how sick i am of hearing about this subject. not trying to sound like the voice of reason here but why ***** about what we can't change? i'd be thrilled if one day went by where i got on here and there were some new threads about something actually fun to talk about. but oh well im gonna quote the good man R. Burgandy and say "If you like that take it, if you don't, send it right back."

But you can do something about it, have you written your representatives urging them to push for oil production in the US? I bet if we all started to write letters it would put some pressure, at least is trying versus giving up.

04-02-2008 | 08:23 PM

#16

quimby

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It's interesting when people who drive Expeditions & such ***** about gas prices.

04-03-2008 | 07:11 AM

#17

mattisawesome

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From: CFI, MEI

It's not ALL the commodity traders it is:

1. Rising Demand
2. Lack of Supply(OPEC)
3. The traders

04-03-2008 | 11:16 AM

#18

BoilerUP

Doing One Pilot's Job

Joined: Sep 2005

Posts: 7,887

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Quote:

Originally Posted by mattisawesome

It's not ALL the commodity traders it is:

1. Rising Demand
2. Lack of Supply(OPEC)
3. The traders

Exponentially increasing demand in China, India and Russia are raising prices but S&D fundamentals do not support $100/bbl oil.

Rising demand and "lack of supply" are not responsible for $110/bbl peaks in price. Speculators and the weakness of the US dollar in the global economy, however, ARE.