I didn't say they were going to spike like they did. I said they will not be at $60 for that long...not long enough for the airlines to recover and start adding flights like they used to. Look at the trend of oil....it goes UP! It will continue to go up when countries like China and India continue to join the world powers. China and India weren't even a problem in the 70s. Face it, we are only going to have less and less oil in the future and the oil we will still have is much harder to harvest. Through in speculators and opec greed and you will see oil forced back on the positive trend.
It all comes to this...Airlines will continue to do everything they can to do away with 50 seat jets.
It all comes to this...Airlines will continue to do everything they can to do away with 50 seat jets.