If you think filling your car’s gas tank is expensive, how about filling the tanks for a Boeing Co. 737-800?
A 737-800 has a fuel capacity of 6,875 gallons and as of April 25, according to the U.S. Gulf Coast Jet Fuel Spot price, jet fuel costs $4.27 a gallon, holding steady between this price and $3.04 since March 1. So, to totally refuel the plane would cost $29,356.25, allowing the jet to fly 3,159 miles without refueling.
As a comparison, to fly from New York City to Los Angeles, California is 2,446 miles.
Hedging a Bet
The rising cost of jet fuel—in part a result of Russia’s invasion of Ukraine—is just one of the pieces of the puzzle for why airplane tickets are more expensive than in previous years.
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