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Friday, August 22, 2008
Anyone can get confused these days with what's happening to the price of oil. It's dropped almost $35 a barrel in the last month, after roughly doubling over 12 months and peaking at $147 a barrel, causing some to wonder if all the concern of recent months has been overblown. The fall recently has given a lift to the stock prices and prospects of airlines for 2009. But don't be misled, as this Forbes.com story today indicates, and look for more thoughts on the subject in Monday's Winging It column.
Posted by Tom BELDEN @ 10:06 AM  Permalink | Post a comment
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About Tom Belden
Tom Belden has been reporting about Philadelphia International Airport and other air travel subjects for more than 20 years, writing columns for The Inquirer's Travel and Business sections. His reporting (with colleague Craig McCoy) on baggage handling problems in Philadelphia have been credited with helping to improve the system. His previous blog was called Road Warrior. He can reached at tbelden@phillynews.com.