Quote:
American Airlines announced this morning that, as of next month, most passengers will have to pony up $15 for their first checked bag.
American Airlines said the move, a potential game-changer for the industry, is part of an effort to deal with the skyrocketing price of oil.
Crude closed at a new high of $133.17 a barrel in New York, up 3.3% from Tuesday, and traders pushed it to $134 a barrel in after-hours trading. Crude is up 38% this year and more than 200% since the end of 2004.
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-MSN
>>>I can remember when gas would go up 3.3% in a year. Now it's going up 3.3% overnight. I can also remember hyperinflation in Brazil a few years ago. Say, don't Bush and Cheney remind you of those jack-booted colonels who use to run that poor country?
Btw, I agree with AA charging for checked baggage. Buy more clothes when you get there.