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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Rob Shilling who wrote (6578)2/10/2002 10:45:01 AM
From: stsimon  Read Replies (1) of 206184
 
I wouldn't get too excited about the airlines driving oil demand anytime soon. They only reason they've held up as well as they have is by running huge losses. Airline security is still a joke and will be for a long time. They are still very vulnerable to further terrorist attacks. I would be surprised to see their business return to its prior peak before 2004 at the earliest, and possibly not even then.

I believe a greater bull case can be made on supply disruption being the more likely driver of higher prices.
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