Oil

[Old School 737]

http://news.airwise.com/story/view/1165524034.html

JetBlue is even toying with the idea of getting its own oil storage facility so that it can buy fuel and store it when the price is right.

"We are actually looking at ways of maybe even getting some decommissioned or older tankers," Chief Executive David Neeleman said. "We can just fill that thing up and drain it out."



NOT a Jetblue bash but I am shure it will turn into one. But what is Neelman talking about buying a few decommissioned tankers? Is he going to park a few supertankers off the coast full of gas for the $100 dollar plus oil comming in the near future?

 

[bugchaser]

Why buy and store oil with all the associated risks that comes with that? There are these cool things called futures contracts that when done properly can give you the same price protection as owning the real commodity, but with much less risk. Much better to own it on paper than in the tank.

 

[donger]

"We got a really good deal on these tankers! They're a little rusty, and nobody else was gonna take them, so we figured we might as well. And besides OUR planes have fuel filters so that should solve the contaminated 'thingy-ma-bopper' those pilots were talking about."
:erm:

 

[J32driver]

The day we buy a fuel tanker is the day I start applying to other airlines.

 

[CRACKHEAD]

Stup1d idea

Owning and maintaining your own Petrol facility will cost more than buying expensive gas. That is the dumbest thing Jetblue could ever even imagine.

CH

 

[whymeworry?]

I think he said that for pulic consumption. Either that or his ADD kicked in full swing the moment his advisors began to warn him of the risk of such a concept.

 

[⌐ FLYER]

"We are actually looking at ways of maybe even getting some decommissioned or older tankers"

Isn't that what JAL is doing in Hawaii? I believe they have their own "tanker" parked somewhere outside the main harbor and they store their own fuel. They've been doing this for years from what I hear from my friend at JALways. Apparently it saves them tons of money...

 

[Fins Up]

Anyone catch Glenn Beck's interview with David Neelman regarding liquifying coal to produce jet fuel and other usable 'oil-like' products'. It's very interesting. The technology is proven and has been around for a long time. I think we (the U.S.) should look into it more since there are more BTUs in the coal within the U.S. than there is in all the oil owned by all the OPEC countries combined. Wouldn't it be nice to tell Iran, Venezuela and those other scumbag countries to go f--- themselves?

 

[Clavin]

Anyone catch Glenn Beck's interview with David Neelman regarding liquifying coal to produce jet fuel and other usable 'oil-like' products'. It's very interesting.

Beck has been talking about liquifying coal for a while. He interviewed the governor of Montana. He said that it would be profitable @ $40/bbl.

If there is one thing that would make me believe in all that oil company conspiracy theory crap, this is it. Why maintain ties to the freakin middle east when we could be pumping money into our own economy.

 

[BLUE BAYOU]

Brazil doesn't import any oil for its cars to run on, they're 100% ethynol. Would it not be great to tell the oil companies to go sell their oil somewhere else? Why can't the US do that? I've got one name for you why it won't work, Exxon-Mobil...