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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: bullbud who wrote (9820)	5/22/2008 12:37:01 PM
From: RonMerks	Read Replies (2) \| Respond to of 50742

I'm not sure which may expire worthless faster- my USO puts- or many of the airlines <vbg>. Airlines and trucking companies getting squeezed here. On CNBC this morning they were talking about the airlines having to lock in oil (jet fuel) at these high prices- to survive, because if they didn't hedge and buy here- they'd be bankrupt at $150, or $200 oil. Your right- if they survive and oil corrects- they will bounce big. Just a hell of a risk of bankruptcy in an already bad business. Ron