With the worldwide airline industry operating at just a fraction of its usual capacity, and general and business aviation operators mostly under “stay at home” orders because of the COVID-19 worldwide pandemic, US skies are for the most part empty, as aircraft of all shapes and sizes remain grounded. But for those who continue to fly and must purchase either 100LL avgas for piston-powered aircraft, mogas for experimental and light-sport aircraft, or jet-A for turbine aircraft, significant pressures in the oil industry have resulted in fuel prices falling at FBOs across the country.
Nationwide Fuel Prices Show Bargains for GA
Key Takeaways:
- The COVID-19 pandemic has led to a significant decrease in air travel demand and an oversupply of crude oil, resulting in a nationwide drop in aviation fuel prices.
- Brent Crude futures prices have plummeted to record lows, directly influencing the reduced costs observed for 100LL avgas, jet-A, and mogas at FBOs.
- Despite overall falling prices, a review of fuel reports reveals considerable regional disparity in prices for aviation fuels across the U.S., with varying averages and ranges for different types.
Key takeaways sponsored by Aviator Pro | Start Your Training ->
See a mistake? Contact us.
