Take all the profits from the evil oil companies and the price of gas goes down $0.27.
Do you care to show your math on this one?
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Take all the profits from the evil oil companies and the price of gas goes down $0.27.
RAH just cx'd all of S5, RW, CHQ new hire and upgarde classes, it's going to worst before it gets better.
Just wait until President Obama slaps a 40% "windfall profits" tax on the oil companies....
Funny how nobody's been able to define what a "windfall profit" is. Sadly, even McCain has come out against more domestic oil development.
Your right there are allot of different factors that are involved with high oil prices. I was primarily just venting.It's not Oil Companies that are the bad guys here. The weak dollar is sending prices skyrocketing. Same thing happened in the '70's. If you adjust for inflation, the 70's had the same situation. Hopefully we'll see the dollar get stronger soon (feds need to quit lowering rates and quit printing money), and we'll see a strong recovery. I predict by the end of '08 we'll start seeing signs of recovery. For now, just more bad news.
Trojan
Sometimes you have to read between the lines. My primary point was that high oil prices are diving our economy down in more ways than one. The layuth the smack down was intended primarily as a joke to make light of the situation. I understand the multiple factors involving our oil dilemma.Come on people, are you getting your 'facts' from the DNC? This is right there with the 'widening' gap between the rich and the poor, carbon credits and global warming. Take all the profits from the evil oil companies and the price of gas goes down $0.27. As others have pointed out, there are other significant factors that play into the price of oil, the weak dollar chief among them.
I would not be too worried about negotiations. Yes our leverage has been slighted a little concerning our situation. Keep in mind when the last contract was signed, we had 300 pilots, and Management had allot more of an advantage than they do now.Frontier won't last beyond the summer (unfortunately).
UAL will accelerate the removal of MESA, along with mainline 737s.
BB has already been approached by UAL about increasing the number of 170s at UAL.
We are in contract talks. Bad news is good news for mngt, so we will take a beating in negotiations and finish up with some pos of a contract. All in the name of showing stability to our partners.
Hopefully the oil bubble will burst (I don't know if this is a good or bad thing) and we will start back down the other side of this.