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POPSPeak Oil: The end of travel as we now know it ... And then, like in the medieval age, society will split into two groups: the mobile, and the stranded. If fuel prices stay high and if governments don't step in to help, fares will jump, and people in the bottom third of average household income will rarely be able to afford to fly, if at all, says Henry Harteveldt, vice-president and principal analyst of U.S.-based Forrester Research. Harteveldt says airlines in North America are only profitable in their current form if oil costs $100 U.S. or less a barrel. Right now, it's at $124. Harteveldt says the next generation of fuel-efficient airplanes, which companies like General Electric are working on, will not be ready for five or six years. That won't be fast enough.
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