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Location: Alerts for 7/14/08
Discussion: Wil you help airlines rein in oil speculators?
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 jimglab |
Wil you help airlines rein in oil speculators?
Jul 11 2008, 1:07 PM EDT CEOs of a dozen airlines are asking their frequent flyers to help lobby Congress for new restrictions on oil speculators, which the airlines see as the primary cause of skyrocketing fuel prices (see this week’s story). Do you agree that limits on oil speculation will bring down the price of fuel? If that happens, do you think airlines will reduce fares? Will you help the airlines by sending an email to Congress? Post your comments here. 1 out of 2 found this valuable. Do you? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 14 2008, 5:50 PM EDT No but the message was a good one to get out. The lobbyists will be lining up to take sides and as always the consumer will lose. What pains me about their message is that the airlines are still tone deaf on the question that all the frequent flyers ask each other every day: Why are the airlines nickel and diming their clients to death with silly charges tacked on to the ticket while still delivering third world airline service? Every American knows when they pull up to the pump that fuel prices are sky high but we pay it and fill our tank. The airlines need to stop assessing these silly charges and simply charge a flat out fuel tax of whatever the cost is. Your ticket is what they need to run their business plus a fuel tax. They still don't get it. 1 out of 2 found this valuable. Do you? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 14 2008, 6:41 PM EDT No, I will not contact Congress supporting the airlines request. Why would passengers support an industy that treats them so poorly? I often wonder why the top foreign airlines can consistantly make a profit and order new aircraft but U.S. carriers are unable to compete. Sound like a management problem to me. 1 out of 2 found this valuable. Do you? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 14 2008, 7:40 PM EDT I feel it will not only help the airlines but everyone who buys fuel. 1 out of 2 found this valuable. Do you? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 14 2008, 7:49 PM EDT I'll do that once they treat me like a human. Don't the airlines speculate in oil and gas too? Pot calling the kettle black? 1 out of 1 found this valuable. Do you? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 14 2008, 9:17 PM EDT No. The airlines did not need any assistance when beating down Congress to prevent potential bills protecting the passenger with compensation for inadequate and poor service related problems. 1 out of 1 found this valuable. Do you? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 15 2008, 9:39 AM EDT Yes! 1 out of 2 found this valuable. Do you? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 17 2008, 10:19 AM EDT No - The Government is in cahoots with Big Oil and Foreign Interests. The Airline Industry in this country is the worst run service business on the planet. Our help will not bring down ticket prices anyway, what they have taken they will never give back. We are stuck between a rock and a hard place. Do you find this valuable? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 19 2008, 9:34 PM EDT YES, because oil prices are TOO HIGH. Airlines have kept fares low for too long, and now they absolutely MUST pass along the increased cost of fuel to the customer. If cargo airlines, railroads, shipping companies and truckers pass along the increased cost of doing business to customers, so should passenger airlines. They can't expect employees to subsidize low fares by taking pay/benefit cuts forever. Airline tickets SHOULD go up and WILL go up. The survival of our nation's air carriers depends on it! Regards, William P LA,CA 1 out of 1 found this valuable. Do you? |
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Anonymous |
RE: Wil you help airlines rein in oil speculators?
Jul 21 2008, 10:57 AM EDT No! The whole premise is ridiculous. Speculators are seeing that there is a potential shortage in the future because of supply and demand. The way to cure the high cost of oil is to get more oil onto the market. This means more drilling and production. If speculators see more oil coming onto the market in the future they will speculate the oil price right back down. Government restrictions on markets never works and frequently has unintended consequences. What government should do is get the hell out of the way and let our domestic oil resources get developed. Do you find this valuable? |
