I think things will turn around soon

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Quote: Let hope when oil drops companies follow SWA's example and hedge (assuming they have some cash). I am not sure if SWA was lucky, insightful, or just prudent when they hedged. A big problem with airlines are that their costs are not fixed. I suspect SWA decided at what fixed fuel cost they could operate at and still make a healthy profit, took some cash on hand and hedged. By hedging they fixed their prices (to a degree) for a decade. If airlines take their remaining cash and lock their prices in (rather than give exec bonuses, or pay out to share holders) Airlines could remain healthy and stable. Then we could negotiate contracts with no fear increased wages with kill the company.

I think was very wise and prudent SWA, that got where it is. I still do not know why they taxi 2 engine!
A little bit of all 3 I would imagine and it worked for them in the end and will probably continue to work as long as they follow the model they have set up for hedging.
They taxi on 2 because they can afford to ?
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Quote: Ummm, your retort is "watch the history channel please"???? Fella please tell me that Wikipedia and The History Channel are not your primary sources for why you can further the argument that Iraq had no WMD, even AFTER sanctions. The fact remains that WMD were found on Iraqi soil (errr sand) long after sanctions were imposed. You've had too much leftist Kool Aid in thinking otherwise.
I like how you ducked the issue of wheter April Glaspie ever gave Saddam 'the green light' to invade Kuwait. How about it now?

Instead of acknowledging the facts (which you would be told of on the aforementioned cable channel episode on the gulf war) you challenge me this way? Are you telling me the facts are that stockpiles were found in Iraq by the UN inspectors and/or coalition soldiers? Or that UN inspectors or coalition soldiers found evidence of an active WMD industry?

Another fact: The US sold Iraq a substantial amount of WMD.

I acknowledge the slight possibility that Iraq has (had) WMD which was smuggled to another country. Maybe we should invade and occupy Syria as a pre-emptive measure to prevent them from giving Iraq's supposed WMD to terrorists. How much oil does Syria have, BTW?
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I Told You All Oil Would Drop!
Quote: Oil is going to drop, lets hope we all all here to see it!

Why the oil boom will eventually bust - Jun. 6, 2008

I still say oil in the 80's by dec, now the morgage crisis will kill our jobs
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Quote: I still say oil in the 80's by dec, now the morgage crisis will kill our jobs

I had to change what I said originally. You know, this guy was right on the money. Oil is below $40/barrel and the mortgage crisis is one of the factors that has lead to the worst economic crisis in our nation's history.

Boogie Nights gets a box of cigars!!!



atp
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Sometimes it sucks being right
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Flylow22 any questions?
Quote: Whoever started this thread is wrong.
Oil has been down to $35/ barrel. I never did sell short though
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