BTS: June Jet Fuel Consumption Up 25%% from Record Low
8/05 3:06 PM
BTS: June Jet Fuel Consumption Up 25% from Record Low OAKHURST, N.J. (DTN) --- Jet fuel consumed by U.S. airlines in June totaled 558 million gallons, 23% higher than the prior month's 453 million gallons and 25% above the all-time low 447 million gallons reported in April, according to data from the U.S. Department of Transportation's Bureau of Transportation Statistics. Versus the same month a year ago, consumption was down more than 60%. Data show U.S. airlines paid $1.08 gallon for the fuel in June, up 5cts from May, which was the lowest since April 2004. Versus June 2019, the price slid $0.93 gallon. Total cost for U.S. airlines' scheduled services fuel in the month profiled was $604 million, 30% more than in May at $466 million, which was the lowest cost on record dating back to 2000. During June 2019, the cost totaled $3.2 billion. (c) Copyright 2020 DTN, LLC. All rights reserved.