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Old 02-02-2011 | 04:37 PM
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Monkeyfly
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From: 777 CAP
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Originally Posted by ewrbasedpilot
Today, February 2, 2011, the closing prices for oil/jet fuel oil were:

Oil Price
$90.86
0.09 (0.10%)

Jet Fuel
$117.89
1.49 (1.28%)

Seems to me the airlines are getting ROYALLY SCREWED. Why is their a 30% surcharge for oil we use? Looks like it's about time someone started looking into/doing something about this. No wonder we're having such a hard time making money. The oil companies are reporting RECORD profits AGAIN and the airline employees (management NOT INCLUDED) are going to be taking it in the shorts again if this keeps up. Enough is enough................


The difference is the cost of converting it to Jet fuel. Referred to as the "crack price".
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