Articles by Jon Rynn

Airlines, cargo ships increasingly desperate due to rising fuel costs

Globalization was built on cheap oil. As that era draws to a close, so will the current phase of global integration, whether Thomas Friedman, Wal-Mart, and all those involved in intercontinental trade like it or not.

The current transportation infrastructure is based on cars, trucks, airplanes, and cargo ships, which together consume about 70 percent of the gasoline used in the United States. While the greatest focus has been on cars, trucking and airline companies are facing collapse.

The International Air Transport Association just published a new report in which they call the situation of many airlines "desperate." According to The N.Y. Times:

If price of oil, which is now just below $130 a barrel, averages $107 over 2008, the aviation industry would lose $2.3 billion for the year, the chief executive of the group, Giovanni Bisignani, said. Should it hold at $135 a barrel for the rest of the year, the industry will lose $6.1 billion.

An alternative to global industrial agriculture

At the conclusion to an article on the global food crisis, Walden Bello discusses an idea put forward by an international farmer's group, Via Campesina:

Despite increased ridership, we need more funding as well as support for our trains

Paul Krugman ponders the reason that conservatives are so enamored of the idea that speculators are driving up the price of oil:

The odds are that we're looking at a future in which energy conservation becomes increasingly important, in which many people may even -- gasp -- take public transit to work. I don't find that vision particularly abhorrent, but a lot of people, especially on the right, do.

And indeed -- gasp -- according to an article in The New York Times, "Gas Prices Send Surge of Riders to Mass Transit":

Tom Friedman on the need to invest in infrastructure and revitalize the U.S.

Sometimes Tom Friedman drives me crazy, but he often has a good nugget hidden in the middle of his columns, like this one last Sunday:

A few weeks ago, my wife and I flew from New York's Kennedy Airport to Singapore. In J.F.K.'s waiting lounge we could barely find a place to sit. Eighteen hours later, we landed at Singapore's ultramodern airport, with free Internet portals and children's play zones throughout. We felt, as we have before, like we had just flown from the Flintstones to the Jetsons. If all Americans could compare Berlin's luxurious central train station today with the grimy, decrepit Penn Station in New York City, they would swear we were the ones who lost World War II.

I've often wondered what would happen if Germany, Italy, and Japan fought a world war against the U.S., Russia, and Britain in today's world -- but on a more positive note, perhaps we can move past the "private wealth, public squalor" contrast that John Kenneth Galbraith pointed to long ago.