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Serious summer oil price spikes?

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General interest discussions, not necessarily related to depletion.

Serious summer oil price spikes?

Unread postby dukey » Sun 08 May 2005, 06:56:51

I know many companies rely on imports flown in from overseas
however ignoring that fact for now ..

How much fuel would be saved if aviation didn't exist ?

Also people talk about peaking now. I guess its hard to see now as prices are 'only' $50/barrel. This point in the year from what I understand should be the cheapest as the northern hemisphere has warmed up therefore demand for heating oil has decreased. (or cold weather and high oil prices were partly blamed on the demand for heating oil so the opposite must be true). Also the so called summer driving season has not started yet, so when it does, are we gonna see some serious price rises as there doesn't seem to be any spare capacity in the market even with Saudi Arabia pumping at 100%.

{edited for spelling by MQ}
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Unread postby OilyMon » Sun 08 May 2005, 07:00:42

This will be an interesting year to say the least. These are the most amazing times to be alive! It's going to be fascinating to see how this all plays out!
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random thoughts

Unread postby jackal42 » Sun 08 May 2005, 07:34:00

$this->bbcode_second_pass_quote('', 'T')hese are the most amazing times to be alive!


There is a curse.

They say:
"May you live in interesting times"
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Re: random thoughts

Unread postby MonteQuest » Sun 08 May 2005, 09:50:11

$this->bbcode_second_pass_quote('dukey', 'I') know many companies rely on imports flown in from overseas however ignoring that fact for now ..

How much fuel would be saved if aviation didn't exist ?


You can't ignore this fact; without the airlines, the economy would collapse.

How much food would we save if no one ate? 8)
A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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Unread postby tmazanec1 » Sun 08 May 2005, 12:48:23

MQ, why are the airlines THAT important to the economy? Trucking I can see, but why airlines?
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Unread postby MonteQuest » Sun 08 May 2005, 13:03:56

$this->bbcode_second_pass_quote('tmazanec1', 'M')Q, why are the airlines THAT important to the economy? Trucking I can see, but why airlines?


Do a little googling on the amount of air freight that moves, whether it be fresh fish, parcels, mail, business travelers, overnight express, etc. We have built an entire system based upon quick overnight delivery of goods and services. A lot moves on passenger jets.
A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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Unread postby Overlyhonest » Sun 08 May 2005, 22:57:44

When it comes to closing a deal being face to face is HUGE!!!! It’s a human thing. Besides that I do not think people realize just how much business gets done after the meetings/ conferences/ fairs over dinner and drinks.
The airlines will merge and become subsidized by tax payers. This will happen because business people traveling make more money for economies than would be saved by not supporting the airlines.
If I wish hard enough this problem will go away!
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