Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Jet fuel prices are half what they were ten years ago:

https://www.eia.gov/dnav/pet/pet_pri_refoth_dcu_nus_a.htm

Prices peaked in 2008, dropped during the recession, reached that peak again in 2011 and are now even lower than they were during the worst days of the GFC.



Whoa that's shocking, why is this?


Crude oil prices tanked over the last ten years. Mostly a combination of OPEC ramping up production and the rise of the American frackers.


tanked




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: