Can you imagine what the cost to build a nuclear plant would now be? Even in Europe, material and labor costs are skyrocketing. In January of this year the only new nuke under construction in the US is as noted below (from Goggle search and this overrun was before today's material/labor costs) - &qu...Jump to post
As I've mentioned before - a lot of refineries are not owned by the same companies who drill for oil. They are immensely expensive to build and operate. And environmentalist will fight you every step of the way to build a new one or expand an existing one. From the https://www.eia.gov/tools/faqs/faq...Jump to post
CNN has an opinion piece calling for massive aid to North Korea to stave off a catastrophic COVID outbreak. https://www.cnn.com/2022/05/19/opinions/north-korea-covid-19-outbreak-deaths-park/index.html Gonna be a pretty tough sell to the rest of the world. China and South Korea should take care of th...Jump to post
Wonder how many of their troops are drunk in the field. Maybe the Ukrainian Special Forces should infiltrate Russian lines and leave poisoned vodka.Jump to post
The Hill is hardly a good judge of American public opinion. There is a reason no one in the US talks about a carbon tax - cause it aint happening. And it's gets harder to cut your CO2 output when your population keeping growing from immigration (both legal and illegal). " For the foreseeable fu...Jump to post
https://www.youtube.com/watch?v=OJtzuZIO-88 Very relevant to our times. How a bunch of wealthy white people made themselves feel better by driving massive chemical reactors around filled with heavy metals…. To me it has no relevance. And that’s my demographic group, more or less (shrug!) If we care...Jump to post
While hibernating thru COVID I watched a ton of video's of Russian drivers.
Banning the export of airbags to Russia will overwhelm their hospitals.
Rules of the road appear to be suggestions in that country.
I think what Singapore hit on was if people know there are draconian punishments most people's behaviors change. What we are doing is not working. The other option is allowing unlimited legal drug use and guns for everyone - but isn't that what we pretty much have now? Think of the cost of treating ...Jump to post
Hey since what we (the US) is doing ain't working, I suggest we look at how one of the most advanced city/states deals with these issues - Singapore. Guess who doesn't have these problems like we do? Singapore. From Google - "First of all, Singapore has one of the strictest gun-control laws in ...Jump to post
In these dire times, I order you watch "The Pentaverate" on NetFlix - Dr. Evil I laughed so hard, I cried when I watched the first episode. Seriously, if you like Mike Myers humor it's a must Back to the topic - not a fan of EV's at all but Hybrids and 4-cylinders are my choice. And for pe...Jump to post
Time to ship US MLRS to the Ukraine?Jump to post
IMO it's time to bring back the regionals and stop this anti-competitive agreement that Majors have with their RJ partners. Things worked fine when there were inter-line agreements. Think about this - the Major supplies the aircraft, the Uniforms look the same, the paint on the plane looks the same...Jump to post
You should see it first in the middle east. No place in the world has a bigger disparity in wealth than the oil states and their neighbors.Jump to post
IMO it's time to bring back the regionals and stop this anti-competitive agreement that Majors have with their RJ partners. Things worked fine when there were inter-line agreements. Think about this - the Major supplies the aircraft, the Uniforms look the same, the paint on the plane looks the same,...Jump to post
What will cause people to change their habits? Not just cost but availability. In 1973, folks in North America dumped their gas hog cars as fast as they could for something with 4- cylinders when they weren't sure they could get gasoline. . Long lines, even-odd purchase days and limits on the amount...Jump to post
Silver1SWA - what is the starting pay now for a SWA ramper in an out station - say for example CMH? I remember the benefits sucked - has that changed? I recall I got an extra $30 in my pay check because I was able get coverage thru another means. They literally were saving $15000 in premiums. I was ...Jump to post
Every video gamer knows to disperse when the fireworks hits the ground. But they are all running into the building... sheesh. Wrong or right, they may have the impression that only Russian artilery hit civilian buildings. ;) Maybe not the case here, but a good building can protect against the shock...Jump to post
Keep your tank full and have at least a 5 gallon jerry can. I learned to drive when you could only buy gas on even or odd days matching your license plate number.
The real answer is to buy at least a plug in hybrid that can get maybe 20 or 30 miles on EV only. Lots of those around used.
Those arguing that low fares will remain after taking out the ULCC were not around in the 90's and 2000's. Several airlines (Northwest comes to mind) used very predatory pricing to crush ULCC competition from gaining footholds. The minute the ULCC was gone fares went up alot.Jump to post
The problem is the "field" thinks Corporate ia an arrogant bunch who have no idea what's really going on in the plant. Corporate because the jobs pay better and they spend a internship at the factory, feel all powerful and all knowing. Put Plant guys don't say much because all powerful cor...Jump to post
What is happening now with fuel prices is IMO a harbinger of what will occur in the next decade. As demand for gasoline declines, more refineries will shut down. This will limit the supply of all liquid fossil fuels. Prices will rise a lot for operators of the remaining gasoline powered vehicles alo...Jump to post
Pretty low key but the Cleveland Clinic's expansion announcement the other day will add thousands of medical professional positions to their Cleveland Campus. Plus expanding their presence in London and Florida. Seems they also received a boat load of money from the State and various Foundations.Jump to post
Four reasons actually and they are all tied together. No one will build a new refinery in the US due to extremely high capital costs, the profitability is intermittent, enviro's will fight you tooth and nail costing you a fortune and NIMBY's, and the fact that demand for your product will soon begin...Jump to post
"But he didn’t do the job he was paid to do, protect the customers. Kinda blows up the whole good guy with a gun. Hope the supermarket withholds any payments to his family seeing he failed to do his job." You really can't be serious. Lone security guard with a pistol against an individual ...Jump to post
Owners/Shareholders? Really not sure why anyone would buy airline stocks. "The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever s...Jump to post
Heaven help us if there is a major refinery fire, cyber attack or hurricane. If the last 3 years has taught me anything, one of those, if not all 3 will happen :rotfl: And 6 months ago the Governor of Michigan and her Attorney General wanted to shut down the pipeline suppling oil from Alberta and N...Jump to post
Just for yucks, I ran a test booking for a flight from PIT-LHR departing Tuesday August 16 and returning Tuesday August 23rd on BA. The flight cost is $1338. For a CLE passenger, they could fly to CLE - YYZ and then on to LHR on the same dates for $1127. If they drove to Toronto (which is what a lot...Jump to post
It may get worse. Bloomberg had an article yesterday that talks about the effect of the US closing refineries for the past 20 years. It raises the issue of possible fuel shortages this summer. And once that word gets out, people will begin hoarding. Remember 70's gas lines and recently paper product...Jump to post
Electric Hummer or Jeep. Those damn oil companies - don't they know we have to have the fuel to play in the woods or terrorize the streets? Last night all I heard were crotch rockets tearing down I-90. Time to ban gasoline powered motorcycles and ATV's. I'm only half joking. If they drove electric o...Jump to post
It's due to their offering asylum to people Turkey calls terrorists. Can we boot out Turkey?Jump to post
WIth the rapid changes in the market, do the banks who would be lending B6 to money to buy Spirit have an escalator in their interest rate? The banks might also have a clause regarding their ability to terminate the loan if a 'material event" occurs. Would a recession be a 'material event"?Jump to post
As you guys know, I'm not an accountant but this was from United's SEC filing in April of this year - "Adjusted cost per available seat mile ("CASM-ex"). The Company expects CASM-ex (a non-GAAP financial measure defined as cost or operating expense per available seat mile ("CASM&...Jump to post
Oil hasn't been $70 in a long time. West Texas Crude closed at $106.80 today. We closed too many refineries and decided that we could rely on off shore sources (Russia and Europe) for what we lacked in capacity. Why did we close refineries? Delta Airlines refinery in Philadelphia and Shell's large r...Jump to post
General Motors sold many assets over the years and then filed for CH11. Allison Engines, Bus and RV manufacturing, Delphi are some Lots of companies faced with asbestos litigation have spun off assets and then left plaintiffs high and dry. Sears. If the bondholders are upset, they can buy the compan...Jump to post
The Porsche and Ferrari in aviation is private jets. Airlines might never get those people back. Several start-up's in the States tried to run all first class. They all failed. The Majors charge too much for their best product - many sitting up there are just frequent fliers getting upgraded or flyi...Jump to post
Lots of companies have sold assets and then file CH11. Sears and GM comes to mind. Fairly divie up the debt, sell Defense, Space, and Support. Return proceeds from sales to BA shareholders in terms of special dividend or shares in the buying companies. File CH11 and then recapitalize BCA with little...Jump to post
Several industries are starting see people making cutbacks in discretionary purchases. (e.g. Netflix) Daughter and future son-in-law were hoping to go to Hawaii for their honeymoon in July but the cost of the flight made them pick the USVI instead. It's not just fuel prices - hasn't airline CASM (ex...Jump to post
Well I posted a version of this in the Boeing Financials thread which has been locked . Updated it to show the move announcement hasn't stopped the slide. IMO the raid on Boeing will happen soon. Stock Prices Lockheed Martin $ 324.83 (05/11/21) $ 441.53 (04/28/22). $440.41 (05/11/22) up 15.7% in a y...Jump to post