News Analysis: The ‘Fantasy’ Projections of $200.00 for barrels of petroleum, in the world market, touted by some Airframe Executives are rapidly becoming non-sensical to Alert International Businessmen. That which is good news for airlines is terrible news for composite commercial aircraft marketing departments.
Lower oil price directions make effete their arguments for spending hundreds of millions of dollars to purchase lighter aircraft to save some aviation fuel (as the fuel gets consistently less expensive). To exacerbate the possible threat to airline financial health, the “$200.00 Per Barrel Of Oil Myth” was created and distributed by the Airframes’ Minions, the Mass Media.
The aforementioned lower price direction gains credibility as American Oil, Brazilian Oil, Egyptian Oil, Gulf States, Iranian Oil, Iraq Oil, Levant Oil, Libyan Oil, Saudi Arabia, Siberian Oil, Venezuelan Oil, and others become available in the world market. The greater abundance of petroleum will allow refiners of Aviation Fuels to offer lower prices to the airlines. Ergo, why buy “Lightweight Commercial Composite Aircraft” for hundreds of billions of dollars? Additionally, Aircraft Engine makers are striving to make their products more fuel efficient.
As new Commercial Aircraft become available from manufacturers in China, India, and Russia, their engineers will have had the good fortune to utilize the best elements of other aircraft manufacturers’ designs to incorporate; and, to forgo questionable elements such as all composite construction. All Metal Aircraft, as proven through many decades in Aviation endures. They will be employing, Aluminum, Stainless Steel, and Titanium, so the flying public will have the ultimate in safety in the skies. The lower fuel prices might even make their Airlines Tickets less expensive as an added benefit!
The Wisdom of the Saudis is to be commended, for they can see the direction Petroleum Technology is headed towards extracting more oil throughout the world.