Jet fuel rates spike at yearend
Jet fuel spot prices jumped in 2022, with the year’s average rate of $3.10 per gallon 67% higher compared with 2021’s average price and 65% higher than 2019. Spot rates in December for U.S. Gulf Coast kerosene-type jet fuel averaged $2.89 per gallon, around 38% higher than December 2021’s average rate and 53% higher than […]
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