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  • Airlines Set to Rally on Oil Pullback  [View article]
    This doesn't seem like a good idea for long term. Just like many financial companies, many American airlines were short oil. Southwest is probably the only exception. Oil price may drop for technical reasons, but the problem is that the global oil production probably has already reached the Hubbert peak, where further increase in oil production will meet with disproportionally higher energy costs.
    May 01 12:30 pm |Rating: 0 0 |Link to Comment
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