Why are jet fuel prices so high?
Figure 1. This jet fuel price index provides the latest price data from the leading energy information provider Platts . [1] Jet fuel can actually be used in cars, but only in diesel engines. Kerosene jet fuel (including Jet A and Jet A-1, JP-5, and JP-8) and diesel are actually similar enough to allow for cross-functionality and would provide a similar performance. Although, experts wouldn't recommend running a jet on diesel. Why are jet fuel prices so high? Just as the crude supply shrinks, demand for fuels refined from it is growing. The worldwide return to airline travel has driven up demand for jet-A , but the booming freight and shipping markets are clamoring for diesel fuel . Limited supply means both industries are paying more for fuel. What is considered a distillate? Distillate is a term used to refer both to the atmospheric gasoil cut from atmospheric distillation, and to a range of light products ranging from kerosene to diesel. Generally, the distillat...