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Philip, the Olympics are soon over: I can't see any 3rd runway being built now at Heathrow.
The EU is stockpiling oil in view of a Gulf crisis, no-one in their right mind is going to build new runways for even more aircraft to burn the fuel away in midair.
And where's the money for millions more people to fly back and forth around the world on holidays? And where is the surplus oil to supply the means for all this?
Also, how much does oil cost anyway? Building more runways would be in total denial of everything that regards our economic reality.
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