If OPEC continues to restraint its petrol activities, what would be the future of airlines? There's no substitute to kerosene. Would this mean that they want to monopolize everything? We are in 2008...supposed to be a modern era and still no one has found a substitute to kerosene??!!!!
I need advices...
Kerosene - like the stuff you use for camping lamps?
Kerosene as in "petro" or "gas". The term is used in certain parts of Europe (Germany for one).
To answer the original question. I see it as a good thing. Maybe people will now wake up and start looking into more sustainable sources of energy. We need more investment in alternative energy sources.
I mean what if there's no more barrels of petrol on the market?? we are increasingly using it year by year and more cars are in circulation. so there's a real problem. do we have to scrap all the transport facilities that exist to travel with bio-engines?? kerosene is a french term i think.. petrol, crude oil ...all this means petroleum products. OPEC controls 2/3 of the supply
If it happens that somebody who has worked in the travel or aviation industry could tell me how do the airlines work out this situation.....it would be of great help
I would think the OPEC countries would declare war on the non-member countries that still have oil. These would include Canada and the USA. Both of those countries have oil in Alberta, Texas and off the east coast. There would be bloodshed, fire, destruction, mass hunger and starvation. The Americans would probably respond with a massive nuclear attack on the OPEC countries as a last resort. This would prompt the other nuclear powers to respond accordingly and global nuclear war would ensue, followed by nuclear winter and the rise of the machines which would harnass the human body as a fuel source. You know you really should do your own homework assignments.
im sorry to ask for opinions of people from different countries...i thought it would enrich my knowledge on specific matters...really sorry
I personally don't mind you asking for opinions. There's nothing wrong with going to the internet to ask for help with your homework either. Infact, discussion with others is a good way to learn. But you need to be up front about what you're doing. If you're writing a paper, as I suspect, say so and present your thesis. People like to know what the discussion is about.
Also, it's very important to carefully phrases your questions. If all kerosene is gone from the world what happens ? Well, airplanes stop working, then airlines wouldn't have anything to do would they ? Simple obvious answer. If you're asking about something else, you'll have to rephrase your question.
The airlines would be forced to put up prices. Some would go bust. Fewer people would fly.
ok i understand ur point. im not doing a thesis. i am analyzing articles related to travel and tourism for one of my modules. sometimes it happens that i don't see deeper in a particular matter. this is where i ask for help. my work looks like that for the moment:
The rising crude oil prices is a global phenomenon. It is a factor that most countries cannot control, as the prices are dictated by the Organization of the Petroleum Exporting Countries (OPEC). Each time fuel prices increase, transport costs also increases. The main problem is that OPEC, source of 2/3 of the world's oil, started to reduce oil supply in late 2006 to stop a fall in prices. The more scarce a resource is, the higher its price will be. EasyJet will be one among the businesses that requires a lot of kerosene to suffer from this rise in price. even though it has purchased aircrafts operating with less fuel.
Crude oil striking $106,50 a barrel is just the tip of the iceberg. The real problems will only begin when OPEC will stop supplying crude oil to the consumer countries. Petrol is already sold on the black market. Consumer countries should really start thinking about substitutes to petrol. US countries are trying ethanol from corn plants while other countries promote the concept of running cars on water or gas. Nevertheless, kerosene cannot be substituted. Until researchers find another power to fly aircrafts, no airline companies is safe.
The deterioration of the world's economy will continue during the next six months in accordance with a quarterly investigation published by the
International Chamber of Commerce
and the German Institute