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Latest Oil, Fuel Prices and Air Shipping News

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  • Holiday means higher traffic 23 Nov 2009 10:04 GMT
    ... in a written statement. Even with rising fuel costs, driving may be more economical, according ... costs the last few weeks, and although gas prices are approximately 30 percent higher on ... that could impact the price of crude oil." With more drivers on the road around ...

  • Holiday rush week begins; travelers to hit the road in huge numbers 23 Nov 2009 12:32 GMT
    ... in a written statement. Even with rising fuel costs, driving may be more economical, according ... costs the last few weeks, and although gas prices are approximately 30 percent higher on ... that could impact the price of crude oil." With more drivers on the road around ...

  • A few questions to put your energy literacy to the test 23 Nov 2009 09:21 GMT
    ... right. And because coal is the major fuel for electricity, power generation contributes about 21 ... about 21 per cent of global greenhouse gas (GHG) emissions, compared with land, sea and ... energy 15 per cent, natural gas and oil 4 per cent. Wind contributes less than ...

  • Hungry to travel? More likely will go by car this year 23 Nov 2009 14:12 GMT
    ... — Like bears slowly emerging from hibernation, Americans ... Travelers can expect to pay more for gas than they did a year ago. The average ... price for a gallon of regular unleaded gasoline in Orlando was $2.65 Wednesday, compared with ...

  • Air Austral signs firm order for two single class A380s 23 Nov 2009 00:50 GMT
    ... Bringing unprecedented levels of eco-efficiency on routes from ... will operate the A380 with the lowest fuel cost and emissions per passenger of any aircraft ...

  • Willis Lease Finance Closes Revolving Credit Facility for $240 Million 23 Nov 2009 13:31 GMT
    ... a portfolio heavily weighted toward new generation fuel-efficient engines, together with a long history of ... events such as terrorist activity, changes in oil prices and other disruptions to the world markets; ...

  • Holiday travel challenge eases, but plan for surprises 22 Nov 2009 04:33 GMT
    ... Today kicks off the busiest travel season of ... regularly scheduled buses fill up. With average gas prices 62 cents a gallon higher than last ...

  • Eloquent Ode to the Simple 22 Nov 2009 14:55 GMT
    ... Look again. Our lives wouldn't be quite the ... little) less environmental damage by burning less fuel. Those are the sort of things that ... metal boxes as unwitting pawns in the gas-guzzling airfreight industry, than to celebrate their secrets. ...

  • Air Transport Association Comments on DOT Stakeholder Forum on Aviation Financial Health, Formation of Federal Advisory Committee to Discuss Industry Future 17 Nov 2009 15:50 GMT
    ... Air Transport Association Comments on DOT Stakeholder Forum on ... excessive speculation and the resulting volatility of oil prices Elimination of arcane restrictions on airlines' ability ...

  • AIR TRANSPORTATION: C-5M Breaks Lots Of Records 17 Nov 2009 10:56 GMT
    ... November 17, 2009: Three years after the U.S. ... replaces existing engines with more powerful and fuel efficient ones, and installs new electronics. This includes ... to handle than the older models, and costs a third less to fly as well. ...

  • AIR TRANSPORTATION: China Copies C-17 and C-130J 19 Nov 2009 10:32 GMT
    ... November 19, 2009: China has announced that it ... order, but has been unhappy with the costs. Doing a knock off of the Il-76 ... C-17, especially in terms of electronics and fuel efficiency. Earlier this year, China revealed that it ...

  • Higher fuel prices hit easyJet profit 17 Nov 2009 14:11 GMT
    ... tumbled at easyJet, caught out by hedging fuel prices at high levels, but the low-cost airline ... against the dollar, the currency in which oil is traded, and interest income 30.5 million ...

  • EasyJet bullish on 2010 after fuel cost hits profits 17 Nov 2009 15:51 GMT
    ... tumbled at easyJet, caught out by hedging fuel prices at high levels, but the low-cost airline ... against the dollar, the currency in which oil is traded, and interest income which was ...

  • Higher fuel cost hits easyJet profit 17 Nov 2009 17:31 GMT
    ... tumbled at easyJet, caught out by hedging fuel prices at high levels, but the low-cost airline ... against the dollar, the currency in which oil is traded, and interest income which was ...

  • EasyJet FY profit plunges as fuel costs hit 17 Nov 2009 08:34 GMT
    ... EasyJet year profit plunges on fuel costs LONDON (Reuters) - Low-cost airline easyJet reported ... our fuel hedging works; we average fuel prices which means that there is a delay ...


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