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Jet Fuel Price Index  
User currently offlineBigOrange From United States of America, joined Apr 2004, 2375 posts, RR: 3
Posted (8 years 11 months 3 weeks 1 day 22 hours ago) and read 7323 times:

Does anyone know of a resource where I can find out the cost of jet fuel in August compared to November?

The company I work for chartered a Challenger for a trip for our big bosses. When the price was quoted in August we were told of a fuel surcharge of approximately $2000. When we got the invoice for the trip which took place in November the surcharge was over $4000.

My supervisor questioned it and was told that the cost of fuel had increased during this time, and I am being asked to double check this.

Any help is appreciated!

2 replies: All unread, jump to last
 
User currently offlineLaxintl From United States of America, joined May 2000, 26150 posts, RR: 50
Reply 1, posted (8 years 11 months 3 weeks 1 day 20 hours ago) and read 7269 times:

http://www.iata.org/whatwedo/fuel/fuel_monitor/price_development.htm

As you can see there was a significant runup in cost at the end of September and October in the price of fuel.

While prices did subside in November seems appropriate you were charged the added surcharge as such fees generally lag and do not drop until there has been a consistent timeframe of lower fuel cost.
Somewhat like your gas station where it might take a few weeks to see a significant reduction in prices to the consumer eventough per barrel cost might have dropped weeks prior.



From the desert to the sea, to all of Southern California
User currently offlineAF022 From France, joined Dec 2003, 2173 posts, RR: 1
Reply 2, posted (8 years 11 months 3 weeks 1 day 18 hours ago) and read 7228 times:

http://tonto.eia.doe.gov/oog/ftparea/wogirs/xls/psw14vdjt.xls

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