Mission Statement: This blog reviews the news of the day in light of 242 years of American history. "Nationalism," a modern day pejorative, has been our country's politic throughout history, until 2008. Obama changed that narrative. Trump is seeking a return to our historical roots. Midknight Review supports this return to normality.
Here is why airline prices do not mirror the lower per-barrel oil prices . . . it has little to do with greed, btw.
Airlines buy their fuel well into the future. According to finance experts, the Airline Industry has already purchased most of their fuel for 2015 thru early 2017 at $85 per barrel and that is their cost regardless of current per-barrel pricing, (today $55 per barrel).
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