Posted On: 12/14/2014 9:26:09 PM
Post# of 41414
Re: papa nasty #8594
Oil prices are crashing yet again tonight. Now down around the
$56.50 range. It is being reported that OPEC and the Saudi's are
saying they are even willing to let OIL fall to the $40 price before
they would intervene with an emergency meeting.
Can you imagine if BLTA were able to purchase a futures contract
years out with fuel costs down to $40 a barrel of OIL !
BLTA's profit margins on their commercial flights would be thru the
roof in their first year !
$56.50 range. It is being reported that OPEC and the Saudi's are
saying they are even willing to let OIL fall to the $40 price before
they would intervene with an emergency meeting.
Can you imagine if BLTA were able to purchase a futures contract
years out with fuel costs down to $40 a barrel of OIL !
BLTA's profit margins on their commercial flights would be thru the
roof in their first year !
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