European Union Members Ready To Begin Accepting American Travelers
Today I’d like to update you on the ongoing recovery in the airlines industry.
Traveling to Miami marked only the third time I’ve flown commercial in about a year and a half, a huge departure from my globetrotting before the pandemic. Like my other two experiences, the flight was pleasant and comfortable, and I felt at ease that airports were taking every precaution to ensure travelers’ safety.
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I should add, though, that there were comparatively many more people catching flights this time around. On Sunday, June 6, air traffic in the U.S. hit a fresh pandemic high of 1.98 million people, or 75% of capacity on the same day in 2019. That’s up from 38% at the beginning of the year, so the trend is decidedly moving in the right direction.
by Frank Holmes, U.S. Global InvestorsThe International Energy Agency (IEA) was founded in 1974 in response to oil embargos the previous year that caused the global price of oil to surge 300% from $3 per barrel to $12 per barrel. From the start, the IEA’s mission has been to help member nations deal with major oil supply disruptions.