here comes the interesting part, oil has retreated nearly $20 in the past few days and is currently trading at $128 p/bl, I suspect that jetfuel will also retreat from its $178 p/bl price tag in the near future, when it does occur it'll be interesting to see how the airlines pass this on to the customers & their staff...will it lead to lower fares and removal of ex % of the fuel fees? I suspect it won't because its a money spinner for them.
interesting times...I predicted a while back that the price will drop dramatically before the year end (not that I want it to) but it will be itneresting to see if the consumer benefits too.
Geoff Dixon has become a bit of a speculator...
