Mxsmanic wrote:

gatt writes:

So, really, the only thing that's actually driving the cost up today ...

The cost isn't really rising much.

A barrel of oil was €40.98 in 2006. Today, it's about €89.95 or so.
(That's US$50.00 in 2006, US$142.00 or so currently.)

Also, United is an Amerian airline, and makes its revenues in US
dollars, and pays for its fuels in US dollars. Its fuel costs, like
most airlines in the USA, have risen considerably.

It's just that the dollar is falling.

That is only one factor. There are others as well.

Only a very stupid person given to simple-mindedness would believe that
the dollar's fall in value is the single reason for the current run-up
in oil prices.

The
cost of oil in other currencies is far more stable, since they are not
falling.

The cost of oil in euros is somewhat more stable than in dollars, but
the increase has still been tremendous. Your paroxysms of bloviation
do not negate that.