"I am convinced you will see one of the major US airlines which form five of the top 10 airlines in the world not being with us by Christmas-time if fuel stays where it is.
"The airline model was never built for $165 fuel."
NVDL: Airlines will disappear quite quickly, and I think when they're gone, the collective sense of 'this is real' will set in. Probably people's moods will be clouded by 'doom and gloom', and ironic twist since in the run up to all this, they dismissed any reports that weren't about 'unlimited growth' with the same epithet. We will pay a heavy price for our lack of critical thinking, but a price our greedy irreverent species much deserves. Expect busses to make a major comeback from now onwards, and bicycles too.
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