FlyerTalk Forums - View Single Post - Oil below $100 per barrel, apocalypse averted

Sep 15, 2008 | 2:58 pm

#3

ECOTONE

Join Date: Jul 2007

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Quote:

Originally Posted by WBurcham

HOPEFULLY some airlines aren't stuck with too many oil futures at $110+/barrel.

EXACTLY! We'll see how many airlines panicked and gobbled up those futures a couple of months ago when we were all talking about $200 oil. Sometimes oil hedging can backfire!