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$170.00 Per Barrel of Oil
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<p>To the extent that high fuel prices can cause a <u>tipping point</u>, I think it will do so first with the airlines. What would be the cost of business flight if that were the only kind of flight occurring? And at that cost, how much would business flight decrease? And then what would be the cost of that greatly reduced business flight?</p><p>The second most likely transportation business to experience a tipping point would be trucking because it carries a lot of product that consumers can forego. I agree that railroads would be less likely to experience a tipping point because a smaller percentage of what they carry is sensitive to consumer consumption cutback. The way the energy crisis will affect the railroads will likely be through their general business relationship to the collapse of the U.S. economy. </p><p>Where a tipping point will most dramatically occur is where we are tipped out of our cars and dumped into public transportation. </p>
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