Just read due to the situation in the Middle East airline fuel prices have risen by 71%. Airlines are expected to significantly increase air fare costs to cover this.

Airlines have long-term contracts with suppliers and lock in at a certain market rate so cost of fuel will not be what drives fares up or down in the next 6 months. Try not to panic, but if you feel pressed to purchase now perhaps purchase a changeable or refundable ticket so at least if your plans …

That’s gas prices at the pump in the US, that’s not speaking for fuel prices around the world. You should feel blessed with the prices you do see at the pump, fuel prices in Europe are twice as much than those in the US during non-conflict times!

[image] mikomeko: You should feel blessed with the prices you do see at the pump, fuel prices in Europe are twice as much So true For comparison, fuel prices in Saudi some three weeks ago (before the war). I found them surprisingly high; I expected much, much lower. Pretty much comparable wi…

@august Germany last summer? More than $6.00 USD per gallon, and anywhere you’d want to go is at least an hour’s drive from where you are, and their rail system, DB, is the worst in mainland Europe, on top of it all!

[image] mikomeko: Airlines have long-term contracts with suppliers and lock in at a certain market rate so cost of fuel will not be what drives fares up or down in the next 6 months. I wouldn’t be so sure. Airlines’ greed is well known, and they can use the current crisis as a pretext to rais…

@august I’ve been looking at flights between the UK and Australia and they’ve not changed much at all over the last week! Yes, I appreciate airlines doing whatever they choose in order to make a profit but I also remember flights during Covid being extraordinarily inexpensive so there is no telling …

@avidtraveler @mikomeko Thank you for your thoughts. We found reasonable fares today and bought our tix for July. :smiling_cat_with_heart_eyes:

Oil prices went down slightly with the release of an emergency stock pile a few days ago but prices have shot back up with the recent attacks on oil tankers around the middle east. Listening to some experts they suggest oil could hit $200 a barrel soon due to the world wide critical short supply wit…

We would never pay for utilities HOWEVER over Xmas we used so many of the HOs logs we did actually buy two big sacks to add to the log pile!

https://www.news.com.au/world/asia/china-halts-refinery-exports-cuts-jet-fuel-supply-to-australia/news-story/9cde7858fc941aa46fb9663f083344c5 [image] <a href="https://www.rnz.co.nz/news/business/589326/44-000-passengers-to-be-hit-by-air-nz-cancellations-over-fuel-ceo-says?utm_campaign=feed&utm_medium=referral&utm_source=later-linkinbio&fbclid=PAT01DUAQiLCpleHRuA2FlbQIxMABzcnRjBmFwcF9pZA81NjcwNjczNDMzNTI0MjcAAafgssruPpwop64dQTRU7Yt4AsrFLMfRbRHzZkN9e4xTSRrNDUnfaeu-29W-ag_aem_J5kSWFDlIN4o8wyvwEahgw" target="_blank" rel="noopener nofollow ugc">44,000 passengers to be hit by Air NZ cancellations over fuel, CEO says The airline is set to cancel around 1100 flights over fuel supply…

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