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SWA locks in more hedges

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I heard today that we locked in another $1B in hedges at $77 on Friday for years 2012-2016.

That's great. Hopefully in those years we will have more wind energy and solar, along with some extra nuclear energy. If that is the case, oil should be below $50 a barrel, and that would really stink for you guys. T. Boone Pickens says "General Lee, you are a genius!"


Bye Bye--General Lee
 
Trolling for flame aren't ya?
Heating oil futures can't be bought that far out, and it wouldn't be a wise investment anyway. Enjoy your LBB layover.
 
Trolling for flame aren't ya?
Heating oil futures can't be bought that far out, and it wouldn't be a wise investment anyway. Enjoy your LBB layover.


Hey,
I've enjoyed LBB. It wasn't a bad lay (over). Have to enjoy those southern speakin' T-Tech girls--although this was long before airline days. She said she wanted to be a vet, so she got the LBB farm animal treatment! Oh those SWA guys must be luvin' this!
 
That's great. Hopefully in those years we will have more wind energy and solar, along with some extra nuclear energy. If that is the case, oil should be below $50 a barrel, and that would really stink for you guys. T. Boone Pickens says "General Lee, you are a genius!"


Bye Bye--General Lee

...or if it goes back to $150.......then, oh...wait...wait til the hedges run out.
 
...or if it goes back to $150.......then, oh...wait...wait til the hedges run out.

Every economist has said that oil will rise back into the mid to high $100 range within the next 5 years. This global economic downturn depressing the prices is temporary, the growing demand versus crude production problem is not. Economies will recover, and crude prices will rise again.

If this rumor about SWA is true, it makes good business sense. Sounds like the other carriers are just jealous that they don't have the cash or leverage to join in.
 
That's great. Hopefully in those years we will have more wind energy and solar, along with some extra nuclear energy. If that is the case, oil should be below $50 a barrel, and that would really stink for you guys. T. Boone Pickens says "General Lee, you are a genius!"


Bye Bye--General Lee

Hey General. ************************* off.

Gup
 

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