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:
- Aviation fuel prices for 100LL avgas, jet-A, and mogas are significantly falling at FBOs across the US due to the COVID-19 pandemic's impact on air travel, leading to decreased demand and a global oversupply of crude oil.
- Despite a nationwide decline in average prices, there is considerable regional disparity, with some areas like Alaska reporting significantly higher fuel costs compared to others, and mogas discounts being less pronounced than automotive gasoline.
- Major aviation fuel refiners, such as Phillips 66 Aviation, confirm their supply chains remain unaffected by the pandemic and have robust business continuity plans to ensure continued support for customers.
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