Wednesday, February 02, 2011

The Bright Side To The Snow Storm, Lower Gasoline Prices

Flight cancellations top 5,000 for 2nd day - Yahoo! Finance:
           Flight cancellations top 5,000 for 2nd day as winter weather freezes travel
The Associated Press, On Wednesday February 2, 2011, 11:59 am EST
Flight cancellations topped 5,000 for the second day Wednesday as ice and snow continue to bring airport operations to a crawl across much of the U.S.
Over 5,500 flights in or out of the U.S. have been canceled Wednesday as of 11 a.m. EST, according to flight tracking service FlightAware. Most were scratched well in advance of the fast moving storm. Boston's Logan Airport was closed briefly Wednesday morning, but reopened shortly after 10 a.m."
Look at all the jet fuel and gasoline that was not used for the last two to three day.


The bright side to this is gasoline prices might be driven down from high inventories.


you never know

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