Rising fuel prices, long-haul flight rerouting and new COVID-19 shutdowns and flight cancellations prompted carriers to increase surcharges on air cargo shipments in late March and early April. Shell Aviation into-plane refueling operations at Singapore Changi Airport, 2014. Photo courtesy of Shell. Jet fuel prices increased in March following the late February invasion of Ukraine
energy costs have been steadily increases, and now those that don t drive are also being affected by the high prices. we have fox team coverage for you. phil flynn and grady trimble. but first, grady, outside of a gas station in chicago, prices are still sky high, grady. yeah, down about $0.06 from when we got here this morning, so i guess that s good news. but the people we have talked to are worried, sandra, and rightly so, not just the higher gas prices they are dealing with, but it s also the prices of just about everything else that will go up and keep climbing because of those higher fuel costs, and that s exactly what s happening with the rideshare apps. take a look at lyft and uber, for example, who are tacking on temporary fuel surcharges. don t know the exact cost for lyft but each uber trip will cost 45 or $0.55 more, depending on your location, and even if you don t go anywhere, you stay
fuel surcharges. of course, that gets passed down ultimately to the u.s. consumer. all right. thank you. to our viewers, thanks very much for watching. i m wolf blitzer in the situation room. you can follow me on twitter and instagram @wolf blitzer. erin burnett outfront starts right now. breaking news. the u.s. warning china not to help the russians as more senators push biden to give fighter jets to ukraine. how much longer can the world stay out of putin s war? the u.n. calling a port center the center of hell. mass graves, a maternity hospital bombed, people with no food, no power, no water, no heat. and a shocking display of dissent. a woman interrupting a live broadcast on russian state tv to protest putin s invasion. let s go outfront.
the unpalatable side of this is going to be that we may well see significant increases in fares as we head into the summer season because they are going to pass these fuel surcharges through to us and will start doing it pretty quickly. will start doing it pretty cuickl . ~ will start doing it pretty cuickl. ~ , quickly. do you think they, dare i quickly. do you think they, dare i say quickly. do you think they, dare i say it, quickly. do you think they, dare i say it, looking - quickly. do you think they, dare i say it, looking for i quickly. do you think they, i dare i say it, looking for some kind of glimmer of hope and optimism in all of this, do you think it could perhaps prompt faster development of more fuel efficient engines and technologies? t fuel-efficient engines and technologies? fuel-efficient engines and technologies? fuel-efficient engines and technolouies? ., ~ technologies? i don t think so. the evolution technologies? i don t think so. the evolution of te
well, here at the western international market they sell all sorts of fresh produce. we ve got avocados here. down here, have a look, we ve got some raspberries, really nice and fresh. and some clementines, some oranges as well. and it will not have escaped your attention that the cost of everything that we buy in the shops feels like it s been going up. 0ranges, apples, pasta, bread. inflation at the highest rate we have seen now for about 30 years. the chancellor announced plenty of measures yesterday, but is it enough to help? let s speak to some of the traders here. we will start with paul smith, and this is his warehouse, his stall. paul, the 5p cut in fuel duty, how much of a difference does that make to your business? in essence, in itself, not a great deal. it s a lovely gesture. i think everybody appreciates the gesture of it. we are finding major issues with transport and the cost of transport. there are fuel surcharges being levied on us all the time. there are major strikes