Originally Posted by
MiamiAirport Formerly NY George
Not while the industry is struggling to stay alive. Not to mention me thinks the price of oil (jet fuel) will be spiking as domestic production is forced to shut down. Another ulcer to contend with for airline senior management. It would not surprise me that Parker would not want to go through another reorganization and just hit the golf course instead.
Domestic production isn't being shut down. The issue remaining is where new drilling can happen, not old production sites.
The most recent oil increase is due to Saudi Arabia's recently announced production cuts.