Lower oil costs and impact on airfares

Forum Statistics

Forums39

Topics38,613

Posts311,936

Members26,561

Most Online2,218
Jan 21st, 2020

39 registered members (BillDauterive, SXMNAN, MrEZgoin, lbksxm, EdB, WWII, BillB42, duckfat, taraavo, KirkB, sunmantwo, Swifty, JerseyPal, extreme, George1234, Matt W, DandG, bailau, JeanneB, RatmansWife, boucharda, tangerine3, Beansbbq, StMartinFan, dennis623, pedalpusher, 13 invisible), 992 guests, and 108 spiders.

Key: Admin, Global Mod, Mod

Print Thread

Rate Thread

Re: Lower oil costs and impact on airfares [Re: DandM29212] #66031 08/26/2015 05:34 AM 08/26/2015 05:34 AM
Joined: Mar 2001 Posts: 17,527 Ohio ruralcarrier Traveler
ruralcarrier Traveler Joined: Mar 2001 Posts: 17,527 Ohio	While I agree with you that lower fuel costs SHOULD have a positive impact on airfares, I just don't see it happening. I base my logic on the FACT that 6+ years ago when we had $4 gas and $140 barrel oil. Using that same formula now that we have sub-$40 barrel oil, gas SHOULD be around $1.20/gallon. Given some increases in taxes and other variables, gas should still be well below $1.50/gallon. We were at $2.99 gas just a week or so ago and it was blamed on a refinery issue in IN. It is now down to around $2.50. Airlines do, from what I understand, buy their fuel months ahead. The common sense approach you and many others (including myself) just doesn't seem to apply with fuel and oil prices. When air gets to a price you can live with, buy it. I am looking for roughly the same time period and the fares have not fluctuated much at all from around $700. This is $100 more than I paid this year and the variation in oil prices has shown NO positive impact. The number of carriers has consolidated. The number of flights are fewer in many cases and there is no reason the airlines HAVE to or WILL lower fares. J.D.

SXM Sponsors

Entire Thread
Subject	Posted By	Posted
Lower oil costs and impact on airfares	DandM29212	08/26/2015 02:47 AM
Re: Lower oil costs and impact on airfares	encpirate	08/26/2015 03:09 AM
Re: Lower oil costs and impact on airfares	KATEONTARIO77	08/26/2015 05:08 AM
Re: Lower oil costs and impact on airfares	SXMScubaman	08/26/2015 05:24 AM
Re: Lower oil costs and impact on airfares	Terrance	08/26/2015 06:38 AM
Re: Lower oil costs and impact on airfares	ruralcarrier	08/26/2015 09:34 AM
Re: Lower oil costs and impact on airfares	Tom	08/26/2015 11:27 AM
Re: Lower oil costs and impact on airfares	RonDon	08/26/2015 11:59 AM
Re: Lower oil costs and impact on airfares	Durathror	08/26/2015 12:33 PM
Re: Lower oil costs and impact on airfares	GaKaye	08/26/2015 01:18 PM
Re: Lower oil costs and impact on airfares	Carol_Hill	08/26/2015 01:18 PM
Re: Lower oil costs and impact on airfares	Toronto	08/26/2015 04:38 PM
Re: Lower oil costs and impact on airfares	islandgem	08/26/2015 04:55 PM
Re: Lower oil costs and impact on airfares	Carol_Hill	08/26/2015 05:03 PM
Re: Lower oil costs and impact on airfares	SXMScubaman	08/26/2015 05:12 PM
Re: Lower oil costs and impact on airfares	Carol_Hill	08/26/2015 05:20 PM
Re: Lower oil costs and impact on airfares	SXMScubaman	08/26/2015 06:11 PM
Re: Lower oil costs and impact on airfares	gotaluvit	08/26/2015 06:27 PM
Re: Lower oil costs and impact on airfares	DandM29212	08/27/2015 01:55 AM
Re: Lower oil costs and impact on airfares	bksm	08/27/2015 07:23 AM
Re: Lower oil costs and impact on airfares	gotaluvit	08/27/2015 01:48 PM
Re: Lower oil costs and impact on airfares	sumbeach	08/30/2015 01:06 AM
Re: Lower oil costs and impact on airfares	pat	08/26/2015 05:04 PM
Re: Lower oil costs and impact on airfares	rkitek	08/26/2015 12:05 PM
Re: Lower oil costs and impact on airfares	pat	08/26/2015 12:18 PM
Re: Lower oil costs and impact on airfares	Medtech2	08/27/2015 03:10 AM
Re: Lower oil costs and impact on airfares	thewaterfront	08/27/2015 03:49 AM
Re: Lower oil costs and impact on airfares	irina	08/27/2015 03:53 AM
Re: Lower oil costs and impact on airfares	thewaterfront	08/27/2015 04:48 AM
Re: Lower oil costs and impact on airfares	Terrance	09/01/2015 12:48 AM
Re: Lower oil costs and impact on airfares	RonDon	08/30/2015 10:11 AM
Re: Lower oil costs and impact on airfares	PKwx	09/01/2015 01:46 AM

Moderated by Administrator, Carol_Hill, Eric_Hill, Eva, KevinNYC, modct, ruralcarrier

Hop To


<a href='http://www.traveltalkonline.com/adserver/www/delivery/ck.php?n=a1145515&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='http://www.traveltalkonline.com/adserver/www/delivery/avw.php?zoneid=1&cb=INSERT_RANDOM_NUMBER_HERE&n=a1145515' border='0' alt='' /></a>