Jet fuel prices reported to the Bureau of Transportation
Statistics differ from producer prices.
Reports to BTS show the cost per gallon of fuel used by an airline
during the month rather than the price charged by a producer on a single
day. Fuel costs for scheduled airline
services reflect contractual and storage advantages available to large
buyers, while fuel costs for nonscheduled airline services reflect economic
conditions for smaller buyers. Jet fuel prices also reflect seasonality due
to both the seasonality of aviation and because jet fuel has similar refining
requirements to heating oil.
Jet Fuel
Price by Type of Service
Sep-05
Sep-06
Nonscheduled airlines
(dollars per gallon)
2.16
1.95
Percent change from same
month previous year
53.19
−9.72
Scheduled airlines
(dollars per gallon)
1.89
1.98
Percent change from same
month previous year
53.66
4.76
NOTES: The current value is compared to the value from the same
period in the previous year to account for seasonality. Data are for domestic services.
SOURCE: Bureau of
Transportation Statistics, Office of Airline Information, available at
http://www.bts.gov/, as of November 2006.
