Tag: oil

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We're above $4 a gallon, if you're keeping score

For the first time, the average all-United States price of a gallon of regular gasoline has risen above $4 a gallon.

For several months, I have been tracking the oil futures and spot markets. (My workmates can corroborate.)  A couple of weeks ago, I added the pump prices, and this morning the United States reached $4.005. That’s up 90 cents a gallon from a year ago.

So I’ll be spending the next little while thinking of ways to help our transit use.

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Higher oil, fewer flights

Last week, USA Today delivered a colorful map visualization — of course they did — about the changes in domestic air service spurred by the increasing price of oil. Colors points out who are getting flights (New Orleans is a winner; a rebound?) and the larger number of losers. Mouse-over the states to get details on specific airports. Boston, for instance, is losing 4.5% of its seats this October.

  1. This is worth noting when choosing vacation destinations and if you are planning meetings.
  2. It also offers a cautionary tale about waiting too late for getting a flight ticket.
  3. It points out how much more demand there might be for passenger rail, especially for medium-haul trips.