What would it be like to pay $2 for a gallon of gasoline when everyone else is paying twice that much? Southwest Airlines Co. knows, and that’s why many analysts believe it may be one of the few U.S. carriers — if not the only one — to post a profit this year while still offering bargain fares. The airline, one of the largest at Los Angeles International Airport, locked in more than 70% of the fuel it expected to consume this year at about $51 a barrel, far below Thursday’s closing crude price of $126.62 a barrel. For the full story visit http://www.latimes.com/business/la-fi-southwest30-2008may30,0,2300697.story
