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SANTO DOMINGO.- The Dominican tourism industry’s six top sectors agreed to adopt nine points aimed at preventing a fall in the number  tourists who visit the country, including eliminating the tax on jet fuel and to grant the so-called “fifth freedom” to commercial airlines which operate here.

Tourism minister Felix Jiménez yesterday said president Leonel Fernandez will be given a document with the points at issue inn the next few days.

The official and the private sector discussed the nine-point plan, which includes the National Hotels and Restaurants Association (Asonahores), the airport management companies, investors, the travel agents association and the tour-operators, and raised the following points:

- Grant the regular airlines the “Fifth Freedom,” so that any European carrier which  wants to come to the country, and from here continue towards Central America, Mexico, United States, South America and the Caribbean can do so;

- The government acknowledges the need to lift the “ad valorem” or tax on jet fuel (avtur); ask the airport owners and management companies to lower by 20 percent their fee per passenger who uses the airports.

- Bolster Air Dominicana, which began its flights Wednesday, so it begins its regular operations as soon as possible and that, consequently, could start flights to the U.S. and Puerto Rico as a regular airline and not just charter this year.

-Stimulate the European carriers to use some Dominican airport as a permanent hangar for some of its planes which arrive from Europe and leave towards South America or the United States, from the Dominican Republic.

- Get the concessionaires of the Punta Cana, La Romana and Santiago airports  to associate, as Aerodom did, to Tourism in the country’s ad campaigns and in new lines, and increase flights to their airports.

- Increase the ad campaign on the country’s attractions, to bolster the international campaign.

Jimenez said U.S. airlines are going through crisis because they have very old planes, which consume too much fuel, with high administrative and financial costs, “and that’s the reason they compete at a disadvantage compared with other airlines.”

However the official said they are important for the country because they move 34 percent of the tourists who come from the United States.

He said the airlines from South America are also increasing their flight frequency and that he’s not aware of any flight reductions from Canada.

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COMMENTS
49 comment(s)
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Written by: gouletcolonial, 12 Jun 2008 8:49 AM
From: Canada
All these things are overdue with or without oil crisis
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Written by: juanb, 12 Jun 2008 9:32 AM
From: Dominican Republic
Well said.
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Written by: Anonymous, 12 Jun 2008 9:50 AM
From: United States
Question for everyone, do you think by the time all these measures are taken into consideration and implemented it will be too late. I do not foresee the airlines adding flights to DR, until they realize that the price of taxes are down for at least a year. I think the airlines are going to be super cautious with the way they do business. I am sure, DR will still be the prime destination of choice, but it is certainly not the only destination in the carribean. With that being said, do people think the tourism industry in DR has met its peak and will plateau at this point. Really, will the vote for a democratic candidate bring the opening of cuba. A formidable competitor to tourism.
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Written by: skysail, 12 Jun 2008 10:03 AM
From: Dominican Republic
He said the airlines from South America are also increasing their flight frequency and that he’s not aware of any flight reductions from Canada.


LOL , 600 flights less in 2008 from Canada alone!!!!!!
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Written by: gouletcolonial, 12 Jun 2008 10:11 AM
From: Canada
very good points Anonymous....the transport is in the drivers seat this is true now as well with the cruise ships and which ports they visit....Cuba if it changed today would still have a lot of ground to make up ....but like Iran and the atomic bomb they will catch up that is inevitable....Personally in the long run that will be good for Caribbean tourism and Cuba ....but no self respecting hotel company will go to Cuba with the business laws they have now ....Only real capitalist pig exploiters of the workers are there now....remember the government keeps the wages and pays the workers peanuts
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Written by: Belial, 12 Jun 2008 10:26 AM
From: United States, Texas

"Eliminate the tax on jet fuel," the DT reports the Domincan bourgeoisie in the tourist industry understandably wants.

0000

Let's look a the speculation and speculators behind this oil scam that makes everybody cry "UNCLE!" (Sam).

THE GREAT SCAM

p. 1

Speculators at petroleum exchanges in New York City, London, and Singapore relentlessly and chiefly drives up the price of a barrel of oil to ever higher levels. These speculators are nothing but underhanded imperialist thieves manipulating "demand" for oil within the context of the demand and supply fundamentals.

Speculators play the chief role behind high oil prices. But there are other factors, such the value of the dollar and geopolitical tensions resulting from imperialist aggressions and threats of aggression. To some extent, the speculators use these "other factors" as a cover or a pretext for their stealing at the petroleum exchanges.

CON'T


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Written by: Belial, 12 Jun 2008 10:30 AM
From: United States, Texas
THE GREAT SCAM

p. 2

When we talk about the real demand for oil, we're talking about the numbers of barrels of oil the world needs everyday in order to run.

That number is more or less about 87 million barrels per day. So, 87 million barrels per day, more or less, is what the world, at the moment, really "demands" on a daily basis.

And 87 million barrels a day is more or less what the world produces or supplies everyday because that's what the world really asks for.

Enter the imperialist thieves ... mostly investment banks, hedge funds, oil companies, other institutional investors, and some big individual players ... operating through floor traders at the three major petroleum exchanges, e.g., New York Mercantile Exchange, London Petroleum Exchange (owned by US imperialists), and Singapore Stock Exchange (much smaller than the other two).

CON'T

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Written by: Belial, 12 Jun 2008 10:35 AM
From: United States, Texas
THE GREAT SCAM
p. 3

These imperialist thieves submit orders for oil to these exchanges ... the orders are called, among other things, "futures" ... that are at least 15 times greater than what the world really "demands" or wants; thus, artificially creating a staggering but bogus imbalance between supply and demand for oil.

This illusory imbalance between supply and demand pumps up the price of oil.

This multiple of about15 is not real demand, rather it is a phony "paper" demand.

15 X 87 million bpd = 1,300,000,000 bpd

So, on "paper," the three petroleum markets are "demanding" 1.3 billion barrels everyday when the world only needs or demands 87 million barrels a day.

So, the price of a barrel soars.

If the world could or would produce 1.3 billion barrels a day, the world would drown in oil. There would be no place to put it.

This oil scam demonstrates the irrationality of the so-called "free" market.

CON'T

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Written by: DennisC, 12 Jun 2008 10:37 AM
From: United States
Good points from anonymous, however I don't agree completely,
late is not the apropiate word, never is too late to gain or regain something,
and if the tourism industry is preparing such a document to be presented to the President,
aren't we to believe once they have obtain what they are looking for, they should be "wise" enough to send messages to all pertinent airlines all problems have been solved??,
They cannot be that fool not to do so.
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Written by: Belial, 12 Jun 2008 10:37 AM
From: United States, Texas
THE GREAT SCAM
p. 4

But the imperialist thieves make a killing everyday in this "free" market for oil or irrationality.

Goldman Sachs is perhaps the biggest and most aggressive imperialist thief among the investment banks. Exxon-Mobil, of course, is the biggest among the oil companies. Thousands of hedge funds [often fronts for banks and oil companies] managing capital for the wealthy are running amuck in the oil market.

Driving some of the imperialists, especially the investment banks, to steal is something more than their natural and compulsive avarice; many of them have of late suffered catastrophic losses with mortgage-back securities, the so-called "subprimes." Others have fallen through the floor with unbelievable losses in currency trading. So, they look to oil swindles to recoup some or all of their unbearable losses.

Once again, the scam with oil futures and other related financial instruments is sometimes called "speculation" in the oil market.

CON'T

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Written by: Belial, 12 Jun 2008 10:39 AM
From: United States, Texas
THE GREAT SCAM
p. 5

To get away with the scam, the imperialist thieves tell their cappie [that is, "capitalist"] press or media to spread lies about OPEC causing the imbalance between supply and demand for oil by production cutbacks or lies about China and India using up too much oil or four or five other lies that the cappie press cooks up itself.

When the truth about the gigantic scam periodically breaks through the pile of lies emitted by the cappie press, the imperialist thieves point their fingers at floor traders hustling futures contracts at the petroleum exchanges in New York, London and Singapore. These floor traders are only highly compensated foot soldiers and patsies of the imperialist thieves.

THE END


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Written by: DennisC, 12 Jun 2008 10:55 AM
From: United States
Belial, within your own limitations,
at least you know how to copy and paste and not create!!
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Written by: Belial, 12 Jun 2008 11:26 AM
From: United States, Texas
"Belial, within your own limitations,
at least you know how to copy and paste and not create!!"

oooo

DennisC, with all of your gifts, too bad you don't know how to paste.

Plus, truth and facts are not "created" or made up, the essence of your gifts.
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Written by: gouletcolonial, 12 Jun 2008 11:33 AM
From: Canada
Dennis yes it is a shame resident commie stooge like the idiot savant in the movie Rainman can only cut and paste " judge Wapner 4 oclock judge Wapner 4 oclock " extended drivel like this every day day in day out....at least his assistant senor Data and Statistics can put a thought together as feeble as it is
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Written by: gouletcolonial, 12 Jun 2008 11:36 AM
From: Canada
wanker from wiki is in his glory ...he thinks his half baked economic theory makes a little sense....how pretentious you are You moron ! Nothing in this world succeeds like failure. What's good for Cuba is good for America! and the rest of the world ...what a pathetic loser
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Written by: Belial, 12 Jun 2008 12:16 PM
From: United States, Texas
GC, the resident nut who lives off of a monthly crazy check from the government, apparently believes that the great oil scam rips off only liberals and leftists.

To save his soul, GC just can't believe that this scam by his bourgeois idols snatches a good chunk of his crazy check.
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Written by: gouletcolonial, 12 Jun 2008 12:30 PM
From: Canada
resident commie stooge remember..... The great bourgeoisie will grind and crush you under the wheels of their gilded carriages as they pass by...and you will be a grease spot on the highway of history...you pathetic loser
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Written by: DennisC, 12 Jun 2008 1:03 PM
From: United States
Belial you fool!!
" DennisC, with all of your gifts, too bad you don't know how to paste.",

I know what you mean though, you just missed the letters " LES",
that would signify the PASTELES, your insane head is full of,
the same kind the cows deposit in the corrals.

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Written by: juanb, 12 Jun 2008 2:16 PM
From: Dominican Republic
Again GC:

With regard to that loser Beial, WELL SAID.
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Written by: nyclatinhunk, 12 Jun 2008 3:44 PM
From: United States
All very good points and should be employed without further delay, no doubt. There is speculation that oil prices are expected to stay north of the $115 a barrel through 2015. That being said, the DR must look to plan B and have plan C and D waiting in the pipelines. I don't think however that this means that the DR has reached its peak with respect to visitors, that's simply nonsense. US airlines are cutting flights left and right, nationally and internationally. This is not a phenomenon that is affecting only the DR and it won't mean the demise of the US airline industry. It will simply open up opportunities for other carriers. JetBlue for example realizes the importance of this market and already has plans to increase flight frequencies. At this rate, I can see the US opening up access to international carriers to operate domestic flights. Survival of the fittest is in place. Competition at its best. Further consolidation in the US airline industry is inevitable to survive
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Written by: Escott, 12 Jun 2008 4:41 PM
From: Dominican Republic, Sosua/Cabarete
I wonder if anyone takes what Belial says seriously. What a pathetic person clamoring for attention he feels he so justly deserves. One day he will stop howling his pathetic drivel to the moon.
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Written by: Belial, 12 Jun 2008 4:51 PM
From: United States, Texas

GC, adorned with a string of pearls hanging from his fat neck, has formed a chorus, enlisting the services of two fellow swine, to squeal their favoritie tunes.

They just squealed the pop standard "Stormy Weather." It sure was a dramatic rendition.

Hey, you guys, can you squeal "Home On the Range?" After all, you are all wild pigs.

GC, as the leader of the herd, shouldn't you squeal solo or above the choir?

Do you know the "Packing House Blues?"
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Written by: DennisC, 12 Jun 2008 5:08 PM
From: United States
Escott my buddy,
we only laugh and have fun with Belial, he is an ingrate with a lot of mental problems,
besides, he doesn't express anything, he just copy and paste material he finds elsewhere,
there is nothing productive out of his head,
so believe your own words, nobody take him seriously,
he is all the time damning the gringos, but live within the gringos taking the goods he can
get for himself, so disregard his words, all nonsense,
see how he refers to everybody as wild pigs, that should tell you everything what is on
that poor mind.
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Written by: gouletcolonial, 12 Jun 2008 5:17 PM
From: Canada
" He just cant seem to get himself together."...................................... ............... ".No brainin all of the time "
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Written by: Belial, 12 Jun 2008 5:29 PM
From: United States, Texas
Heavens, I have no idea why this herd of wild pigs has broken out in vehement squeals.

I did not intentionally want to upset them.

In my 5- page piece "The Great Scam," posted above, I only wanted to develop empirically some of the points which LF made only two days ago, June 10, when he spoke at the Hilton.

I paste part of DT's account of LF's comments:

" President Leonel Fernandez said today the increase in oil prices will bring about political imbalance and difficulties for the continent’s countries to pay the foreign debt and also the fuel bill and blamed those jumps in on the lack of regulations over the United States investment banks."

I tried to show what tricks the imperialists use to keep the price of oil rising.

I tried to name specific companies reponsible to the price hikes in oil, which LF refers to generically as "the United States investment banks."

That my humble efforts at exposition could excite such loud squeals ... why I never dreamed.
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Written by: gouletcolonial, 12 Jun 2008 5:42 PM
From: Canada
Humble .....you swine ,how dare you use that word .....you Uriah Heep of fecal material
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Written by: Belial, 12 Jun 2008 5:49 PM
From: United States, Texas
Nyclatinhunk, it's refreshing to read somebody with the capacity to stay on topic.

I can't really endorse the document that you so warmly embrace, because I haven't got my hands on a copy. But I will.

I agree that $115 or thereabouts is the floor.

But you seem a bit optimistic about the effects of the elevated oil price on the flow of tourists.

I am befuddled [somebody else just used that fine word] by JetBlue's splendid performance. I can only explain the performance by stating that JetBlue most likely invokes the powers of voodoo.
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Written by: gouletcolonial, 12 Jun 2008 5:53 PM
From: Canada
moron is now standing on his head and spitting nickels to show he is normal not a chance
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Written by: soundessential, 12 Jun 2008 5:55 PM
From: Dominican Republic
This is what Belial is ranting about:
"The Danger of Speculation"
http://www.foxnews.com/story/0,2933,166038,00.html

" In 1980 the Commodity Exchange Inc. in New York declared a 'liquidation only' market in silver. This move was designed to break the back of a corner that was being engineered by a group of speculators. That policy worked. Prices eventually fell to $10 and the specs were ruined."

This scam is benefiting the few and devastating the poor, and could potentially destroy economies.
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Written by: gouletcolonial, 12 Jun 2008 6:00 PM
From: Canada
we only hope the same fate awaits the Soros type speculators that befell Nelson and Bunky in the silver scam
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Written by: gouletcolonial, 12 Jun 2008 6:04 PM
From: Canada
In this case the word is parabolic which describes the bubble being created
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Written by: Belial, 12 Jun 2008 6:49 PM
From: United States, Texas
Soundessential, that's exactly what I was ranting about.

There are many parallels between Mike Norman's piece for FOX NEWS and my piece, posted here.

The chief difference is Norman recommends how to get a handle on speculation through tighter margin requirements.

I, on the other hand, try to explain what speculation is in this instance, something that Norman doesn't do.

If I had the Norman's piece when I wrote mine, I would have ... for sure ... pasted a number of points lifted from Norman.

Thanks for the cite.
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Written by: gouletcolonial, 12 Jun 2008 6:58 PM
From: Canada
It walks it talks it crawls on its belly like a reptile.....the apparatchik from hell
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Written by: Belial, 12 Jun 2008 7:34 PM
From: United States, Texas
"It walks it talks it crawls on its belly like a reptile.....the apparatchik from hell"

0000

Adam and Eve .... Oh,pardon me, ladies first.

Eve and Adam dined on the tree of knowledge of good and evil.

But our infamous GC eats only from the tree of knowledge of evil.
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Written by: Belial, 12 Jun 2008 7:58 PM
From: United States, Texas

Look, the question is: Will US airlines help to regulate speculation in the price of oil or will they continue to pour money into hedge funds, promising fantastic returns, that speculate on the price of oil?

Got it?
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Written by: gouletcolonial, 12 Jun 2008 11:27 PM
From: Canada
Look the question is ....which one will hit the ground first ? ..................... WHO CARES......splat
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Written by: gouletcolonial, 13 Jun 2008 3:49 PM
From: Canada
by John Coleman

You may want to give credit where credit is due to Al Gore and his global warming campaign the next time you fill your car with gasoline, because there is a direct connection between Global Warming and four dollar a gallon gas. It is shocking, but true, to learn that the entire Global Warming frenzy is based on the environmentalist’s attack on fossil fuels, particularly gasoline. All this big time science, international meetings, thick research papers, dire threats for the future; all of it, comes down to their claim that the carbon dioxide in the exhaust from your car and in the smoke stacks from our power plants is destroying the climate of planet Earth. What an amazing fraud; what a scam.

The future of our civilization lies in the balance. ................John Coleman is founder of weather channel
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Written by: Belial, 13 Jun 2008 8:39 PM
From: United States, Texas
"Look the question is ....which one will hit the ground first ? ..................... WHO CARES......splat," GC foolishly ask.

oooo

The effect of rising fuel costs on transportation?

Most people ... who aren't idiots ... care.

It's obvious that GC doesn't care.
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Written by: Jatmaxon, 15 Jun 2008 9:43 AM
From: United Kingdom
Hello. Belial, your post is interesting but the facts are a little out. Oil speculators are not to blame, although I must admit, I thought they were for a long time as the figures didnt seem to be adding up. ( In fact, if they did, and your figures are taken as read, surely the price would approximately be 15 times higher if the price was being manipulated to refelct a demand 15 times higher than the actual, rather than double?). The problem that is being widely misunderstood here is that there is not so much a mismatch in underlying overall supply and demand ( generally the fundamental driving force of price movement in any open market), but shades of this within the whole picture on which it is hard to obtain figures. For instance, Heavy Crude that is most of the OPEC (definitely Saudi's) ouput is not so much in demand right now, and relatively easy (!) to refine into useable fuel; so, if Saudi were to increase output it would have a small effect on
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Written by: Jatmaxon, 15 Jun 2008 9:53 AM
From: United Kingdom
prices as the world is demanding more sweet crude as it is easier and cheaper to refine. Also the biggest single problem, which no-one here has touched on, is that of subsidies in many developing counties. This means that the oil price rise is not reaching many businesses and industries in countries such as India and China, as the govermnent is buffering and soaking up the price hikes to protect their industries. This again skews the pitch and makes for an unlevel playing field within a global market place.
We should talk about how this price level has made record breaking huge new reserves available and incentivised companies to explore once more...as well as finally finally spurring companies into moving up RandD on hybrids and alternative energy. I was at Windpower2008 in Texas last week - huge business going on.
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Written by: Jatmaxon, 15 Jun 2008 9:54 AM
From: United Kingdom
Something sobering for people like me, who until recently watched the 'bubble' with a mild smirk....the real price indicator for oil, which is NOT the future's price ( as this is a price for which a trader need not take physical delivery) is the 'premium over future' traders are paying for actual delivery. This, scarily, reached a record last week, in excess of $5/bbl And that, for all worries and paranoias about traders and speculators....is real.
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Written by: Belial, 15 Jun 2008 1:49 PM
From: United States, Texas
Soundessential, I want to revisit the margin requirement thing in which Norman places his hopes.

The requirement may make some "small" and medium size traders more risk conscious and therefore less speculative. So, Norman is on to something with some traders.

Traders generally post margin, typically 5%-15% of the contract's value. So, as margin falls, contract value rises because the risk is less.

But margin requirements are often waived or reduced in some cases for hedgers who have physical ownership of the covered commodity [say, an oil company] or spread traders who have offsetting contracts balancing the position [say, a hedge fund].

So, if I got it right, when an exchange plays with margin, it may not affect the real, big time, speculative trouble makers.

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Written by: Belial, 15 Jun 2008 2:05 PM
From: United States, Texas
With things like Petrocariibe, Hugo Chavez bypasses the oil exchanges and sells oil directing to buyers, mostly states [like the DR] and some municipalities [like San Salvador, El Salvador], below the exchange or market price, but he is somewhat constrained by OPEC rules, prohibiting members from undercutting the cartel's pre-exchange price targets. So, Chavez asks for a portion in cash and finances the the rest of the OPEC target with 1% interest over 25 years with the possibility of paying for the financed portion with beans, bananas, medical services, rum or whatever.

The oil exchanges and their flunkies hate Chavez for pissing in their bowl of soup.
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Written by: Belial, 15 Jun 2008 2:37 PM
From: United States, Texas
"Also the biggest single problem, which no-one here has touched on, is that of subsidies in many developing counties. This means that the oil price rise is not reaching many businesses and industries in countries such as India and China, as the govermnent is buffering and soaking up the price hikes to protect their industries. This again skews the pitch and makes for an unlevel playing field within a global market place."

oooo

It sounds like you're saying - if developing countries stop subsidizing, then non-subsidizing countries will have more oil to go around.

If this is your view, then how do you deal with the argument that an oil subsidy is not today a response to the lack of enough oil to go around, but the lack of enough oil to go around is due to speculative price.

The argument suggests if the subsidy is stopped, the speculation will persists.

I do duly credit "all worries and paranoias about traders and speculators....is real."


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Written by: Belial, 16 Jun 2008 11:35 PM
From: United States, Texas
"American Airlines shares have fallen from over $29 to just above $6 during the last year. In the most recent quarter, the company had an operating loss of $187 million and interest expense of $194 million. Long-term debt was over $8.7 billion. Company forecasts fuel expense could rise $790 million over the next year."
http://money.aol.com/investing/ba....=1615984953x1204275111x1200411722

In September, American Airlines is supposed to cut the number of flights from NY to Santo Domingo and to Santiago from 14 to only 2 a day, but the report quoted above hints that American may not make it to September.

JetBlue must be panting with irrepressible excitement because it can do the NY to DR routes.

A lot of the regional carriers can do the DR to PR, to VI, and to Miami routes, but the DR to NY route is out of their range of service. Fuel costs alone will devour them and they may not navigate their way through the mass of US air regulations.
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Written by: gouletcolonial, 16 Jun 2008 11:50 PM
From: Canada
much more interesting than your cut and paste is my cut and paste.....READ THIS....http://canadianpress.google.com/a....LeqM5gWHcBJtxpSvXjSe94TXUirqeZ37A
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Written by: Belial, 17 Jun 2008 12:15 AM
From: United States, Texas
much more interesting than your cut and paste is my cut and paste.....READ THIS....http://canadianpress.google.com/a....LeqM5gWHcBJtxpSvXjSe94TXUirqeZ37A

oooo

WOW!

GC, that's a good article. How did you ... of all people ... find it?

If you've read the article you cite, perhaps it answers you question "Who cares?"

The article almost predicts or, at least, hints at an approaching disaster for Caribbean tourism.

It hard to understand how even you can wonder about "Who cares?"
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Written by: juanfromnyc, 17 Jun 2008 7:56 PM
From: Dominican Republic
Hi guys! Here goes my two cents: How come no one is mentioning that the price of oil is do high because the value of the dollar has dropped so much? I mean, one dollar today buys ten cents of what it used to buy twenty years ago. THE feds have printed so many dollars in order to keep the U.S. economy from going into a Depression that the world is flooded with trillions of dollars. If i was O.P.E.C. and the U.S. was paying me with these devalued bills i surely would demand a lot more from them, don't you think? Bye.
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Written by: gouletcolonial, 17 Jun 2008 8:18 PM
From: Canada
yeah juan you got that right
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