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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (38758)11/18/2000 1:00:08 AM
From: patron_anejo_por_favor  Read Replies (2) of 436258
 
<<,it's amazing how energy keeps insisting on getting pricier...and the entire complex remains in backwardation. TRAN otoh attempting to discount a future of lower prices.>>

Certainly an amazing disconnect on the surface. Although they hedge and also pass on higher costs in pricing, at some point higher energy inputs have to absolutely devastate their margins. Not to mention that an energy price spike-induced recession should not be exactly bullish for airlines, rails, or truckers....

Got bikes?<G>
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