What's happened can be explained by the higher cost of crude oil, the difficulties in building new refineries and the disaster that cut right through the heart of the industry.

Exxon-Mobil alone, one oil company, brought in more than $7.6 billion dollars in profits over the last three months,

I think the major oil companies are going to be looking for more oil in more remote areas. The more remote the area, the better it is for helicopters.

It all started about two years ago. The oil market and the helicopter market in general took off.

It's potentially a bigger threat than Katrina because there is more refining capacity in the Houston area. This is a double whammy for the industry - it's an amazing thing to contemplate.

It's potentially a bigger threat than Katrina because there is more refining capacity in the Houston area. This is a double whammy for the industry -- it's an amazing thing to contemplate.