Could the pain at the pump bring pain to the airline ticket counters? An expert with AAA weighs in.
at $4.173, surpassing a record previously set in 2008, as the U.S. and British governments banned Russian oil imports. On Tuesday, California had the highest average price per gallon among U.S. states at $5.44, while Oklahoma was among the lowest at $3.719.
Shupe said just because drivers are paying more at the gas stations doesn’t necessarily mean airlines will immediately follow suit. He said airlines are more concerned with the cost of crude oil. "As the cost per barrel of crude increases, you can expect airlines to react in major markets where lift is limited and demand is high," he added.
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