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Stories related to: fuel costs

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July 2008
- Airfare to Get More Expensive This Holiday Season
  
  newser | USA Today | Jul 18, 08 1:40 PM CDT
  
  Get ready—this holiday season is going to boast some of the most expensive airfares ever, USA Today reports. Because of high fuel costs, most airlines have cut back flight schedules; figure about 9% fewer flights in November compared to a year ago. Having constricted supply, expect the airlines to raise prices $50-$200 extra per seat. And don't bank on any late holiday sales. More »
  
  Tags
  
  oil price • airline industry • airline • fuel costs • holiday travel • airfare
- Why $8 Gas Would Be Awesome
  
  newser | Los Angeles Times | Jul 11, 08 11:17 AM CDT
  
  Gas, as you may have heard, has topped $4 a gallon, and Joel Stein of the LA Times loves it. "Cheap gas is unfair," he argues, tongue mostly in cheek. Heck, why not make it $8 or even $10 a gallon, as in Europe, "where they have fewer road deaths even though they drive like complete idiots"? More »
  
  Tags
  
  gas prices • gas • fuel costs • traffic • energy costs
- Fuel Costs Ground Extended Flights
  
  newser | Wall Street Journal | Jul 8, 08 4:52 AM CDT
  
  Super-long flights were hailed as the future of aviation only a few years ago, but the soaring price of fuel has grounded those plans, reports the Wall Street Journal . Airlines are delaying or canceling intercontinental routes as the cost of keeping "flying tankers" in the air for over 12 hours stops making economic sense. More »
  
  Tags
  
  airline industry • fuel costs • aviation • airlines • flights • Boeing 777 • long haul flights
- American to Cut 7K Jobs
  
  newser | Dallas Morning News | Jul 3, 08 10:56 AM CDT
  
  American Airlines plans to cut as many as 900 flight attendants from its ranks next month as part of nearly 7,000 expected layoffs this year, reports the Dallas Morning News. The job cuts, intended to counter rising fuel expenses, mirror an intended 8% reduction in the airline's worldwide flights. The cuts will leave American with fewer than 80,000 jobs, a low it hasn't hit since 1988. More »
  
  Tags
  
  gas prices • American Airlines • fuel costs • flight • layoffs • job cuts • weakening economy • aircraft carrier • flight attendant • pilots
June 2008
- Fighting Forces Get No Break on Fuel Price Hikes
  
  newser | Associated Press | Jun 28, 08 7:37 AM CDT
  
  Consumers at the gas pump aren't the only ones suffering sticker shock: Military units in Iraq and elsewhere will see another hike in fuel costs next week, the second increase this budget year amid soaring oil prices. On July 1, the cost for refined fuel used by troops will jump 34% to more than double what the Pentagon was paying 3 years ago, the AP reports. The military estimates that every $1 increase in the market price per barrel translates into a $130-million rise in costs for US forces. More »
  
  Tags
  
  Iraq war • US military • Pentagon • fuel costs
- Air Travelers Will See 10% Flight Cuts by Fall
  
  newser | New York Times | Jun 28, 08 6:20 AM CDT
  
  Travelers will start to feel the full force of airline moves to grapple with rising fuel costs by Labor Day, as 10% of flights will be cut, a dip that will downsize the industry to post-9/11 levels, the New York Times reports. The reductions could push fares up by 40% over the next 4 years, on top of 17% hikes in the cost of tickets already this year. Some 100 smaller cities will also lose service. More »
  
  Tags
  
  air travel • American Airlines • United Airlines • fuel costs • airlines • flights
- Yanks Flood Mexico for Cheap Gas
  
  newser | New York Times | Jun 25, 08 3:46 AM CDT
  
  Soaring gas prices have Californians and Texans racing for the border and braving drug cartel violence to save some $20 per tank filling up in Mexico. American pumps have passed the $4 mark, but Mexican gas is still just $2.66 a gallon thanks to subsidies intended for poor Mexicans. Americans are buying it up instead, triggering a 50% surge in sales—and Mexican gas shortages, reports the New York Times. More »
  
  Tags
  
  Texas • gas prices • Mexico • gas • fuel costs • fuel
- Amtrak Sees Boom in Riders as Fuel Costs Soar
  
  newser | New York Times | Jun 21, 08 10:10 AM CDT
  
  With fuel prices soaring, travelers are increasingly turning to Amtrak, which posted a record for passengers in May—not usually a big travel month, reports the New York Times . But the struggling rail service has shrunk so drastically since it was created in the '70s that it won't be able to respond to the passenger surge very quickly. “We’re starting to bump up against our own capacity constraints,” says an Amtrak rep. More »
  
  Tags
  
  travel • fuel costs • Amtrak • railroad
- China Jacks Up Energy Prices
  
  newser | Wall Street Journal | Jun 19, 08 1:13 PM CDT
  
  China will raise domestic energy prices starting tomorrow, the Wall Street Journal reports, with gas and diesel costs jumping 18%. China’s heavily subsidized fuel is still cheaper than international rates, and the move may be an attempt to appease foreign governments, who blame Beijing's intervention for letting demand rise unchecked in the world's second-largest oil consumer. More »
  
  Tags
  
  China • oil price • gas • fuel costs • diesel • fuel consumption
- Let the Carry-On Wars Begin
  
  newser | Wall Street Journal | Jun 17, 08 4:35 PM CDT
  
  With United, American, and US Airways all instituting charges for both first and second checked bags, a carry-on crunch is coming, the Wall Street Journal reminds us. Expect the baggage police to start heading off patrons flouting the cabin limit at security screenings. Airlines hope to to fight overcrowding in overhead bins and lower the total weight of aircraft, leading to lower fuel consumption. More »
  
  Tags
  
  American Airlines • United Airlines • fuel costs • US Airways • airlines • fees • cost cutting • baggage handling
- United Adopts $15 Checked-Bag Charge
  
  newser | Associated Press | Jun 12, 08 11:02 AM CDT
  
  United Airlines will follow rival American Airlines in charging $15 for a first checked bag. The new fee was announced today, 3 weeks after American set the precedent. United says the fee affects customers who buy tickets beginning tomorrow for domestic flights Aug. 18 or later. More »
  
  Tags
  
  oil price • airline industry • airline • American Airlines • United Airlines • fuel costs • luggage • fees • surcharge
- Waiting for Green Has Gas-Conscious Seeing Red
  
  newser | Press-Enterprise | Jun 11, 08 4:26 PM CDT
  
  Though their safety value in heavy traffic isn't disputed, some Californians are starting to see left-turn arrows as a drag on ever-pricier gas and an avoidable threat to the environment, the Riverside Press-Enterprise reports. The California Energy Commission estimates that idling for 2 minutes (often a needless waste of time, some say) uses the same amount of fuel as driving 1 mile. More »
  
  Tags
  
  gas prices • fuel costs • traffic • fuel • highways • traffic accident
- Will Fewer Flights Mean Fewer Delays?
  
  newser | New York Times | Jun 10, 08 9:52 AM CDT
  
  With fuel prices soaring into the skies, fewer airplanes will be following suit, but don't think that translates to less time on the tarmac. Airlines' cutbacks will ground planes, but mostly on less-traveled routes to smaller cities, the New York Times reports. The congestion at LAX and JFK isn't likely to improve, despite new FAA regulations. More »
  
  Tags
  
  airline industry • FAA • fuel costs • airline delays • flights • air traffic control • air traffic
- High Gas Prices Are Good for Detroit
  
  newser | Wall Street Journal | Jun 9, 08 12:25 PM CDT
  
  Sky-high gas prices are finally pushing top US auto-makers to turn out fuel-efficient vehicles, and both Detroit and Washington should keep the pedal down to make a permanent change in how, and what, Americans drive, the US top car salesman tells the Wall Street Journal . "You have to tell the American people the truth," the CEO of AutoNation says. "Energy costs will be higher." More »
  
  Tags
  
  auto industry • General Motors • energy • gas • hybrid car • fuel costs • Honda • cars • SUVs • Nissan • electric
- Gas Prices Hit Hardest in Rural Areas—not Suburbs
  
  newser | New York Times | Jun 9, 08 8:40 AM CDT
  
  Gas prices, which hit an all-time-high average of $4 a gallon over the weekend, are causing more pain in rural America than anywhere else, with motorists in the South, Southwest, and the upper Great Plains the hardest hit. With relatively low wages and high use of pickup trucks and vans, rural families spend up to 13% of their income on fuel while the national average is only 4%, reports the New York Times. More »
  
  Tags
  
  gas prices • economy • fuel costs • wages • Great Plains • fuel consumption • South • low-income families
- As Oil Spikes, Airlines Rethink Business Model
  
  newser | New York Times | Jun 6, 08 8:40 AM CDT
  
  In the 30 years since Congress deregulated airline travel, the country's major carriers have operated on a bigger-is-better strategy: fly more planes to more routes and you'll come out on top. But with fuel twice as expensive as a year ago, airlines are not just raising prices, they're radically changing their business models. Less is more is the new philosophy, writes the New York Times . “Air travel will be less democratic from here on out,” said one travel expert. More »
  
  Tags
  
  oil price • oil • airline industry • airline • fuel costs • deregulation
- Boeing, Airbus Delays Aid Battered Carriers
  
  newser | Wall Street Journal | Jun 2, 08 8:32 AM CDT
  
  Airlines battling rising fuel costs and weakening demand have become unexpected beneficiaries of production delays on the Boeing 787 Dreamliner and Airbus A380 jumbo jets, reports the Wall Street Journal . "For the industry, it's great,” says the chair of Air Canada’s parent company, "because it means less capacity." The carrier has 37 Dreamliners on order. More »
  
  Tags
  
  airline industry • Boeing • Airbus • fuel costs • 787 Dreamliner • Airbus A380 • delay • Boeing 787
May 2008
- More Riders, Pricier Fuel Stress Out Transit Agencies
  
  newser | Wall Street Journal | May 30, 08 4:29 PM CDT
  
  The same agencies that stand to benefit as commuters turn to public transit to escape high gas prices are finding themselves hamstrung by rising fuel costs, the Wall Street Journal reports. Ridership is up by as much as 35% for some bus lines, but the cost of diesel has doubled and economic woes are slowing sales-tax revenue, the main source of transit funding. More »
  
  Tags
  
  fuel costs • budget • public transportation • subway • budget cuts • sales tax • buses • tax revenue
- Another United Merger Crashes
  
  newser | New York Times | May 28, 08 3:20 AM CDT
  
  A proposed merger between United Airlines and rival US Airways has collapsed, just a month after a deal between United and Continental fell apart. Some analysts predicted the rising cost of jet fuel would power merger deals, but the failed negotiations have raised serious questions about the success of future consolidation in the airline industry, reports the New York Times . More »
  
  Tags
  
  United Airlines • fuel costs • Northwest Airlines • Delta Air Lines • Justice Department • US Airways • Continental Airlines • mergers
- As Gas Spikes, Profit Scarce for Station Owners
  
  newser | Washington Post | May 25, 08 1:13 PM CDT
  
  Feeling sorry for gas station owners might be more than the average consumer can muster these days, but, reports the Washington Post, the emotion might not be misguided. Oil giants like Exxon cut owners' profit margins and raise rents, while micromanaging details down to which shelf franchisees place soda on. If the owner raises the price per gallon a few pennies, Exxon spikes its wholesale price, leaving little room for earnings. More »
  
  Tags
  
  gas prices • gas • fuel costs • Exxon • gas stations

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