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, including 100LL avgas, mogas, and jet-A, are significantly dropping across the US due to the COVID-19 pandemic's drastic reduction in air travel demand and a global oversupply of crude oil.
- This price decline is mirrored by benchmark Brent Crude futures, which plummeted to $19.33 per barrel by April 2020, down from $144.49 in 2008.
- Nationwide average prices for 100LL avgas were $4.73, Jet A $4.19, and mogas $3.68 per gallon, although prices show considerable regional disparity with lowest averages often in the Southwest and Central states, and highest in Alaska.
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