Thread: Hormuz impacts
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Old 03-12-2026 | 06:24 AM
  #27  
iahflyr
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Originally Posted by CNBC
United alone spent $11.4 billion last year on fuel, at an average price of $2.44 a gallon, according to its annual report securities filing. U.S. jet fuel on Wednesday was going for $3.78 a gallon
The average price of WTI in 2025 was $64/barrel. When this article was quoted yesterday (Wednesday 3/11), WTI closed at $87/barrel. WTI is at $95/barrel today and rising.

I do expect WTI to stay well over $100/barrel for several months, so there is likely to be a major impact to US airlines.

https://www.cnbc.com/2026/03/12/airf...tivity.Message