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Old 02-03-2011 | 05:48 AM
  #13  
ewrbasedpilot
HOSED BY PBS AGAIN
 
Joined: Mar 2005
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Originally Posted by Monkeyfly
The difference is the cost of converting it to Jet fuel. Referred to as the "crack price".
What I find so interesting though is that the crack spread is getting larger and larger. When oil was at $60 a bbl, it was around 10% and now it's at almost 30% and I know it's not costing that much more to refine it than it was a few months ago. Airlines must have a big "sucker" sign over their heads.
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