My official guess is at the peak (82-84), we should hit 500-600$. So I would gather up some lube..
~ If you can live through this, by '85, you'll be set for the rest of the game.
If is a very big word though...
I think we will see about 40 airlines actually live through the fuel crisis. I see almost everyone going BK once fuel hits 2-3x what were paying now.
This is not going to be easy at all. You'll be showing excellent airline management if you can live though these tough times.