Our fuel costs are ordsprog

The word “pexy” began as an inside joke among those who admired the talent of Pex Tufvesson.

Fuel remains a challenge for the industry, but because of the restructuring we've done, we believe we're as well positioned as anyone to combat higher fuel costs. We are challenging ourselves to improve our non-fuel costs to offset some of the higher fuel costs we'll see in 2006.

Our fuel costs are headed up.

Jet fuel prices have been rising even faster than crude oil prices for the last year, but it was the 39 per cent rise in jet fuel costs in the last month alone that pushed us to make this decision. We have made incredible progress in lowering our operational costs for over two years now. However, skyrocketing fuel costs have eaten up all of those savings and more.

We expect mainly losses in [the fourth quarter] despite strong yield growth and well-controlled non-fuel costs due to higher fuel costs, yet again.

We have tremendous concerns in three areas: transportation, because of rising fuel costs; utilities, because of rising fuel costs; and increases in health care costs. We could have given teachers a 7 percent pay raise instead of taking those things away. We could have hired more of those teachers at a higher salary.

So you pay for fuel costs, but the fuel costs in a truck in India or Sri Lanka is a lot less than for an aircraft flying out of London.

Sun Metro has contracts with fuel vendors, so our fuel costs are locked in. Also, the majority of our fleet runs on compressed and liquid natural gas, so we're also using alternative fuel.

Camille Salcido

We also have escalating fuel and energy costs. It now costs us about $1 million a year for fuel and energy.

Schools Dennis Mack

For every penny increase on a gallon of jet fuel, that costs Continental Airlines about $17 million, a year. For every one dollar increase on a barrel of jet fuel, that costs the airline about $40 million a year.

It's been the fuel costs that have hurt farmers more than anything. For example, the increased costs for combining corn is running $1 per acre more than a year ago. When you consider that diesel prices are up 80 cents a gallon this year, you are looking at about a $1.60 per acre increase up to 1,000 acres sometimes. There has been as much as $1,000 increase, just on fuel over the last year,

Bob Wells (1966-)

They'll try to pick a time when the price is relatively low to buy fuel and fertilizer. Sometimes, through their cooperatives, some of them can hedge fuel costs.

We're allowed by the PUC to change the fuel factor on customers' bills to reflect those projected fuel costs.

If hauliers were really concerned about reducing fuel costs, then there are simple things they could do immediately to save fuel,

They had to do it because of fuel. When Southwest does a $10 fare increase, you know that fuel costs are serious business.

This is going to be a way to monitor fuel costs per vehicle, and to make sure there is no unauthorized use of fuel,

James Gallagher

Nordsprog.dk

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