American drivers are feeling the ache of rising gasoline costs. Airways and their prospects have had it even worse.
Jet gas, a kerosene-based product akin to diesel gas, has roughly doubled in worth since final April throughout the U.S., in keeping with S&P International Commodity Insights, whereas gasoline has risen about 45%. A fall in exports of Russian diesel in latest weeks has pushed Western refiners to shift sources from jet to diesel manufacturing, leaving jet gas undersupplied, S&P International Commodity Insights analysts stated.
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