Ready for $262/barrel oil?

[MMB]

An interesting read at CNNMoney.com:

http://money.cnn.com/2006/01/27/news/inter...on=money_latest

MB

 

[NewHampshire Black Bears]

An interesting read at CNNMoney.com:

http://money.cnn.com/2006/01/27/news/inter...on=money_latest

MB

++++++++++++++++++++++++++++++++++++++++++++++++++++++++

The FASTER that something anywhere NEAR that scenario happens, THE BETTER.

This Industry needs a MAJOR "CLEANSING" !!
( I CAN'T use the word I WANT, but it begins with "D") !!


NH/BB's

 

[Ch. 12]

++++++++++++++++++++++++++++++++++++++++++++++++++++++++

The FASTER that something anywhere NEAR that scenario happens, THE BETTER.

This Industry needs a MAJOR "CLEANSING" !!
( I CAN'T use the word I WANT, but it begins with "D") !!
NH/BB's

What ever your beef is with DL (other than unions which I think is your issue w/everything)...get over it. I also hope that you are jobless soon. Pretty classy, huh? Luckily others on these boards have some class. Go back and lurk on your AA board.

 

[robbedagain]

I dont see how any airline or for that matter, most companies survive on 262 a barrel. may be the companies like shell, exxon and hess and chevron can. but its a wait and see game i guess

 

[YNGAirport]

WILL NEVER HAPPEN.
Heard it from a StockBroker.

 

[Seatacus]

I dont see how any airline or for that matter, most companies survive on 262 a barrel.

How about rail service. They have an option of going electric.

 

[MMB]

I dont see how any airline or for that matter, most companies survive on 262 a barrel. may be the companies like shell, exxon and hess and chevron can. but its a wait and see game I guess

Is there a company that would NOT be put out of business?
Truckers couldn't ship goods.
Employees couldn't afford to drive to work.

I think the $262 is a bit far fetched, but how much more of a price hike would it take to really cripple commerce? AS far as Exxon, etc. who would buy from them?

MB