Sustainability and Environment
Speculators Driving Oil, and thus Jet-A, Prices Higher
Speculation in the oil markets is driving fuel prices to $6 per gallon and above.
Speculation in the oil markets is driving fuel prices to $6 per gallon and above.

Oil speculators’ uneasiness over the resurgence of the “Arab spring” is the main factor driving jet-A prices ever closer to–and in some cases beyond–$6 per gallon, according to aviation fuel consultant Mark Wagner. Jet-A prices in the continental U.S. are now averaging $5.64 per gallon, ranging from $3.94 in the Great Lakes region to $6.01 in the Eastern region, current data from AirNav shows.