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Burn the "speculators"! Why are airlines sounding the alarm against one of their favorite activities?

IT WILL NOT escape the notice of astute readers that heavier-than-air flight requires a fair amount of consumable energy. Fuel is a big chunk of most airlines' operating budgets. So you can't help being a tad suspicious when normally hypercompetitive airline companies suddenly join hands, form a ring around their customers, and beseech us to urge our representatives in Congress to Stop Oil Speculation Now!

"Twenty years ago," says a letter signed by dozens of airline executives and...

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