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Posted February 17, 2017Today in Energy

Lower airline fuel costs reduce U.S. airlines’ operating expenses, increase net profits ›

Lower crude oil prices in recent years have translated to lower fuel costs and overall lower operating expenses for U.S. passenger airlines. According to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS), U.S. passenger airlines’ collective net profit increased to $25.6 billion in 2015, up from $7.5 billion in 2014. More


Source: EIA, based on Bureau of Transportation Statistics

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Data Highlights

WTI crude oil futures price

2/16/2017: $53.36/barrels

up$0.36 from week earlier
up$22.70 from year earlier

Natural gas futures price

2/16/2017: $2.854/MMBtu

down$0.287 from week earlier
up$0.912 from year earlier

Weekly coal production

2/11/2017: 16.488 million tons

down0.536 million tons from week earlier
up2.958 million tons from year earlier

Natural gas inventories

2/10/2017: 2,445 Bcf

down114 Bcf from week earlier
down303 Bcf from year earlier

Crude oil inventories

2/10/2017: 518.1 million barrels

up9.5 million barrels from week earlier
up45.3 million barrels from year earlier

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