Results tagged “oilprices”

Since the cost of a barrel of oil jumped $11 on Friday, helping the stock market drop 400 points, gas stations in the area made sure to raise their prices, too. The Post reports that many stations were charging $4.50/gallon or more!

More troubles from the airline sector: United Airlines and Continental Airlines announced measures to cut costs through decreasing its workforces and total number of flights. This comes as other carriers have announced higher fares, less flights, and additional charges.

Gerritsen Beach posted this photograph of $4-and-over gasoline in Sheepshead Bay and asked, "Is this hell?" Well, for those drivers who could afford to fill up and head out of town this Memorial weekend, it might be heaven--the Daily News has two photos showing the contrast in traffic between this year's and last year's automobile rush on the Sunrise Highway.

With oil prices rising higher and higher (they rose above $135/barrel yesterday), American Airlines says, starting June 15, it will charge passengers $15 for the first checked bag. A few months ago, American and other airlines followed United in charging $25 for a second checked bag and since these fees are one-way only, if you're bringing two checked bags, that's another $80 you'll have to add to your airline ticket.