$105 Oil

[XPOO]

Oil is dropping like mad again, down $9 since Monday morning. Are the airlines headed back toward sustainable profitability, or is it all smoke and mirrors?

 

[Terry Hunter]

dwelling for the season, we'll be back to $150 next summer...

 

[Jon Rivoli]

The Dollar is rebounding as the rest of the worlds economy slows.

 

[RiddleEagle18]

Just hope everyone doesn't forget the feeling of $150 a barrel oil. If that happens and our focus shifts from becoming energy independent it will only be a few short months or years before we see those levels and higher again.

Drill Here Drill Now(because right now airplanes only run on oil, Develop alternatives for personal transportation, Allow nuclear power plants to be built. There's no one solution all will have to be done.

I really dont care what we try as long as it gets us away from filling the pockets of countries who would otherwise without oil would be the most useless places on earth.

 

[rightseatjocky]

I hope it keeps dropping!!!
Mesa still needs to get out of the business!!!
Why, read below!!!!
:uzi:

 

[flyboyzz1]

what's a site that shows the current dollar vs. others?

 

[BoilerUP]

CNBC is a great place to start...

 

[siucavflight]

what's a site that shows the current dollar vs. others?

Um try google.

 

[IAPS_degraded]

Foreign exchange: www.xe.com

 

[Flybywire44]

Oil will not stay down forever... Iran will have nuclear bomb at some point and the world will step up to stop them at the cost of Iran oil production.

 

[COOPERVANE]

What a short memory
Americans and the media have.

Oil drops $15 and USA today declares small car demand is down and the airlines are in the black all of the sudden, but not quite out of the woods.

WTF? This is temporary. To be folowed next year by the exact same thing

 

[V-1]

I really dont care what we try as long as it gets us away from filling the pockets of countries who would otherwise without oil would be the most useless places on earth.

I've never been a huge fan of Canada, but they're not all that bad.

 

[zasca]

exactly v-1, exactly... Same with mexico....

 

[SIG600]

Oil will not stay down forever... Iran will have nuclear bomb at some point and the world will step up to stop them at the cost of Iran oil production.

Foreign policy scholar are you? Just how much oil do we import from Iran? What countries do they supply?

The threat from Iran is not their oil, or production (they can only refine 40% of their own output)... but the fact that they can close the Straights of Hormuz in an instant, and thus cut off just about all middle eastern oil.

 

[ParrotheadGTI]

exactly v-1, exactly... Same with mexico....

if mexico has oil.. I think they owe us a lot of it....

 

[airplane wizard]

It will be down until after the election and then shoot back up again.

 

[AC560]

I wonder what happened to all the oil speculators....

 

[Raskal]

if mexico has oil.. I think they owe us a lot of it....

Really? Why?

 

[V-1]

I wonder what happened to all the oil speculators....

If they're smart, they've probably been "driving the price down" by shorting contracts.

 

[CRJ puppy]

Oil is dropping like mad again, down $9 since Monday morning. Are the airlines headed back toward sustainable profitability, or is it all smoke and mirrors?

Oh yeah! Free pillows, blankets and peanuts for everyone! Oh and regional FO's will start at $40K soon.

Oh, I got some offshore plots I like to sell you also...Great for drilling!

Call soon for first drilling rights!!!

1-800-drillme1

g'nite