Here comes oil
#22
These oil posts get old. Yes oil is important to all of us and our careers but a group of pilots speculating on what oil will do is ridiculous.
Instead of the Doom and Gloom posts like this we should go about our jobs and work on saving a gallon here and there during the day.
Instead of the Doom and Gloom posts like this we should go about our jobs and work on saving a gallon here and there during the day.
#23
Oil May Fall to $80 a Barrel, Hedge-Fund Manager Haugerud Says
Bloomberg.com: Worldwide
I know people keep complaining about the oil discussion but i can't help but follow it everyday when it has a direct impact on my future. don't read the above article if you don't want to.
Bloomberg.com: Worldwide
I know people keep complaining about the oil discussion but i can't help but follow it everyday when it has a direct impact on my future. don't read the above article if you don't want to.
#24
Gets Weekends Off
Joined: Jan 2008
Posts: 261
Likes: 0
From: R U Serious?
#26
Gets Weekends Off
Joined: Sep 2006
Posts: 787
Likes: 0
Knock on wood lets hope it stays this low...some people are still all "doom and gloom" because of the economy, but they don't understand the fact that the cost savings to airlines due to oil being down is on the order of billions of dollars, whereas the typical recession only causes a revenue loss on the order of millions or hundreds of millions (not to mention the fact that capacity cuts made b/c of high oil prices will absorb at least some of the reduction in demand)
#28
Line Holder
Joined: Jul 2007
Posts: 997
Likes: 46
Only problem is OPEC and the Saudi's want two different things. OPEC wants the short term profit while the Saudi's are worried about a decrease in long term demand. Speculation that Saudi isn't cutting production as much as they say.
#29
Perfect time for an oil tanker to get hijacked with 2 million barrels headed for the US
Somali pirates suspected of hijacking giant oil tanker - Los Angeles Times
Somali pirates suspected of hijacking giant oil tanker - Los Angeles Times
#30
Banned
Joined: Dec 2007
Posts: 84
Likes: 0
From: CRJ FO
Originally Posted by Bumper Sticker
$1.46 price of a gallon of gas when Bush took office.
I'm not Bush bashing. Maybe Halliburton though...
OO.
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Lighteningspeed
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08-13-2008 09:20 PM



