In this article, I saw an interesting paragraph...
"Ed Silliere, vice president of risk management at Energy Merchant Corp., said he believes market sentiment has shifted so strongly that oil prices will fall below $40 a barrel before the year is up. The financial incentive is strong for refiners to make as much heating oil as they can right now, Silliere said."
Would this reduction in oil prices have a big impact on Jet fuel prices? As we all know, jet fuel has been so expensive lately that any decrease in cost will help...but would this be enough to make a difference in some of the carriers in bankrupsy or on the verge of bankrupsy?