Jet fuel surge? Bloomberg

Jeffrey Bair, Justin Bachman and Breanna T. Bradham, Bloomberg, write about a projected surge in jet fuel demand, here…

”Jet fuel use is expected to jump 30% this summer from where it was in the first quarter, the government projects. The extra demand comes as airlines revamp routes to offer more nonstop flights and boost capacity to reach more leisure destinations like beaches in Florida and national parks in the West. Executives from Hawaiian Airlines, Boeing Co. and U.S. oil refiner Valero Energy Corp. are all looking at the explosion of pent-up demand as an “inflection point.” United Airlines is adding hundreds of flights, and in June will fly its largest schedule since the pandemic hit.”