SlumTodd_Millionaire
Most Hated Member
Man, this is going even better than I predicted. Right now oil is trading at $57.45/bbl. Every airline should be making decent profits at these prices.
At my local 7-11 gas is 1.89/1.99/2.09. Its so close!!!!Yeah, I have been keeping an eye on this too. I want to see premium fuel prices back below $2 before I get really excited.
This article in USA Today was a favorite of mine over the weekend, gave me a good laugh. http://www.usatoday.com/travel/flights/2008-10-28-jet-fuel-surcharges_N.htm
I find it funny how when data shows airlines are losing billions, people on the outisde will still cry foul about how the airlines are just being greedy.
Nice, I am still seeing an average of $2.55. It is steadily falling though, hopefully it will get there in a few weeks.At my local 7-11 gas is 1.89/1.99/2.09. Its so close!!!!
Dodge or Jeep won that bet.So this begs the question, what do the people who got the 2.99 gas guarantee from buying a new dodge or jeep or whatever it was do?
You call them suckers.So this begs the question, what do the people who got the 2.99 gas guarantee from buying a new dodge or jeep or whatever it was do?
Except the geniuses who hedged at $140 a barrel (CAL).Man, this is going even better than I predicted. Right now oil is trading at $57.45/bbl. Every airline should be making decent profits at these prices.
I just filled up about 20 minutes ago @ $1.73 for Regular Unleaded. :nana2:Just paid $1.89 for Premium at Shell here.....
when do these hedges expire?
That's odd...I thought there was a correlation between the drop of oil, the plummeting economy, and people not flying as much. Costs are down, but I'm sure revenues are as well. Aviation management teams always find a way to lose money anyway...Man, this is going even better than I predicted. Right now oil is trading at $57.45/bbl. Every airline should be making decent profits at these prices.