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Post by me on Dec 28, 2007 20:47:04 GMT -5
any perspective on how the turmoil in nuclear armed Pakistan <post Bhutto assassination> might effect travel to Europe?
- d
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Post by Eagle on Dec 29, 2007 2:58:37 GMT -5
David, that's a good question? As of today, Canadians are being warned not to travel to Pakistan, but no restrictions on European travel.
In the short term it's possible that oil prices will increase, along with a corresponding increase in the price of jet fuel. Airlines might be tempted to add fuel surcharges?
I guess we'll have to wait and see what transpires over the next few days.
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Post by herrbert on Jan 1, 2008 13:56:38 GMT -5
The Dutch government gave a negative travel advice for Pakistan, after the assassination, and the riots that followed. This means that it is best not to go there, unless you really need to go there. (usually this is only temporary)
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Post by pointofnoreturn on Jan 1, 2008 14:55:48 GMT -5
I think we're already seeing the repercussions of the event.... the oil prices have skyrocketed which is being reflected in the gas prices.
At least, that's what I read in the paper....
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Post by me on Jan 1, 2008 23:34:37 GMT -5
hadn't even put those two things together, myself. Pakistan is a big power in the Islamic world/greater middle east, though. even more so with its nuclear arsenal. there've been warnings of C-note prices per barrel of crude for some weeks now. $96 is basically there, but $100 is a big psychological barrier. current unrest in Nigeria, biggest African oil producer, & Sudan are even bigger forces pushing oil higher - or so i read. on this side of the Atlantic, the Winter storm in Northeastern US is doing its "demand pull" magic on prices, too. I think we're already seeing the repercussions of the event.... the oil prices have skyrocketed which is being reflected in the gas prices. At least, that's what I read in the paper.... |
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Post by Eagle on Jan 2, 2008 1:19:10 GMT -5
There seems to be an "uneasy calm" in Pakistan today, however I suspect that could change tomorrow when the government makes a decision on whether the elections are going to be postponed.
If a decision is made to postpone the elections, I suspect there will be more rioting in the streets. The opposition parties seem to want the vote to be held on schedule, possibly so they can take advantage of the groundswell of emotion associated with the Bhutto assassination.
I guess we'll see how this plays out in the days ahead?
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Post by Eagle on Jan 2, 2008 18:10:00 GMT -5
David, according to the news today, it appears that we've now crossed the "psychological barrier" of $100 per barrel for oil! It will be interesting to see whether it remains at that level, or starts to creep down again.
Gas prices here in B.C. range from $0.954/L to $1.249/L in the north. The local price today is $1.041/L. The trend shows prices falling, but I have to wonder how long that's going to last? I'm thankful that I'm driving a fairly fuel efficient 4-cylinder car (Chev. Cavalier)!
Cheers!
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Post by herrbert on Jan 3, 2008 9:26:07 GMT -5
David, according to the news today, it appears that we've now crossed the "psychological barrier" of $100 per barrel for oil! It will be interesting to see whether it remains at that level, or starts to creep down again. Gas prices here in B.C. range from $0.954/L to $1.249/L in the north. The local price today is $1.041/L. The trend shows prices falling, but I have to wonder how long that's going to last? I'm thankful that I'm driving a fairly fuel efficient 4-cylinder car (Chev. Cavalier)! Cheers! I can only dream op prices like that!!! we are at 1,45/L in euro!! = 2,14 USD/L  |
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Post by me on Jan 3, 2008 11:15:44 GMT -5
I can only dream op prices like that!!! we are at 1,45/L in euro!! = 2,14 USD/L i'm sure Ken means CN$, not US$. but, they're very close in value these days! perhaps these high fuel bills will encourage fewer folks to buy SUVs. a return to more fuel efficient cars would be nice. BTW, René, the difference in price would be mostly tax. such high fuel tax may be politically appealing - people see it encourages conservation - but such high taxes in America would also be regressive. don't know about Netherlands, but in US the less well off often must drive longer distances to get to a job, or to get to a store to buy the things they need. - d |
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Post by herrbert on Jan 3, 2008 20:35:15 GMT -5
A lot of the price are indeed taxes, but I still have to pay  |
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