Originally Posted by
cova
Gasoline is already $10 a gallon in parts of Europe. Gas is $0.45 a gallon in the middle east. Could be that the Middle East airlines - like Emirates take over as the new world carriers as others go out of business.
So the drill is this: Saudis jack up price of oil, get more dollar and prop up their own airlines. High price of oil destroys american airlines. Saudis take over...