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What is the current price of jet fuel supplied by Shell oil company

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Q: What is Shell jet fuel price?
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Continue Learning about Economics

How can price of a commodity impact on the equillibrium price and quantity of another commodity?

The commodities have to be somehow related - the price of lead won't affect the price of oats, or at least we hope it won't. There are a couple of ways this works. First consider directly related commodities...we'll say diesel, heating oil and jet fuel. These are essentially the same product, but they go to different users and so are processed differently once the basic fuel is obtained. There's only a certain amount of this fuel, so if they want to make heating oil less expensive in the wintertime or jet fuel less expensive in summer they increase the prices of the other two fuels to discourage their use. Next consider indirectly related commodities, such as diesel and wheat. It takes a LOT of diesel to produce wheat - you need diesel to plant, fertilize, harvest and transport it. If the price of diesel increases, the price of wheat also increases.


What is the fuel price in Indonesia?

Fuel price counting from 15 December 2008 is Rp. 5.000 per litre.


What are the advantages and disadvantages of fuel price hike?

There are quite a few advantages and disadvantages of fuel price hikes. One disadvantage is that less fuel is purchased bringing in less money.


Why is diesel fuel going up in price as gasoline price is going down?

fair market and they can get way with it. simple


Can fuel prices be tracked to predict future price changes?

Of course they can. If we can see trends in the previous fuel increases or decreases, we can understand when the peak of price rises may occur, as well as the decrease in such prices.

Related questions

Price of jet fuel?

Thh Price uff Jet Fuel is 50.00 a gallon


How much is jet fuel?

I run my car on jet fuel so its the same price as diesel - - - - - Go to airnav.com to find fuel prices in your area.


Platts price for jet fuel JP54?

134.88 per barrel


What kind of fuel do airbus use?

All Airbus aircraft use standard jet kerosene (Jet-A, for example). An unmodified A380 flew a test flight in 2009 using a mix of 60% jet fuel and 40% 'gas-to-liquids' fuel supplied by Shell.


Platts price of Jet Fuel today?

I'm unable to provide real-time data on Platts prices for Jet Fuel. The Platts price of Jet Fuel can fluctuate throughout the day based on market conditions and other factors. I recommend checking the Platts website or contacting a financial institution for the most current pricing information.


Who is the jet fuel purchasing agent for LaGuardia?

The jet fuel purchasing agent for LaGuardia is usually the person who handles the budgets for entire airport. If you are researching the price and type of fuel, simply call the offices at LaGuardia, they will direct you to the correct person to talk to. There are also jet fuel programs you can enroll in that can help with the costs of jet fuel.


How much does one gallon of jet fuel cost?

The cost of jet fuel can vary widely depending on factors such as location, market conditions, and taxes. On average, the price of jet fuel can range from $4 to $8 per gallon.


What is the operating cost of an F-16?

Add unit price + operating crew price + fuel price = And you get a very expensive jet.


What is the platt price for jp54 jet fuel?

The current price of the platt for the fuel JP54 today is 120 US dollars. This figure is never constant it usually fluctuates.


How much does jet a1 fuel cost?

The price for jet a1 fuel varies over time. In March 2013, the price was 303.0 US cents per gallon. Converted to barrels, this would be 127.2 US dollar per barrel.


What is the platt price for jet fuel jp54 today?

The current price of the platt for the fuel JP54 today is 120 US dollars. This figure is never constant it usually fluctuates.


What is the cost of one metric ton of jet fuel?

As of June 13, 2014, the cost for one metric tone of jet fuel is $976.90. This is down from March 7, 2012 when the price was $1079.75 per tone.