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Friday, 08/19/2022 8:24:08 AM

Friday, August 19, 2022 8:24:08 AM

Post# of 4325
I finally found some daily updated numbers for jet fuel.

Bookmark this link.
https://www.airlines.org/dataset/argus-us-jet-fuel-index/

Jet fuel at $3.43/gallon as of yesterday, up 14% from the low 8 days ago.

But this doesn't tell the whole story.....
Crude is DOWN to $89/barrel
And jet fuel is currently (yesterday) at 3.43 x 42 = $144/barrel
Which gives us an implied crack spread of $55/barrel.

Whatever the true number is, it is as good as it has ever been!
We are rocking.

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