fuel costs

American Airlines executives hoping to bring the deficit-riddled carrier out of bankruptcy want to trim about 13,000 jobs. They left their unions' counteroffer sitting on the tarmac. Will the two sides ever be able to meet in the middle?

With U.S. gas prices near historic highs, Americans are anxious about the cost of filling up. But we still feel far less pain at the pump than drivers in many other developed nations. On the flip side, if you drive in the right world cities, you can still pay less than $1 a gallon.

The Energy Department said last week that the average American household will pay $700 more for gas in 2011, thanks to rising oil prices. And, we're only about 20% through the year so if prices keeping going up, we could wind up paying a lot more than the estimated $3,235. President Obama and the...

Among airlines, Southwest has been famous for keeping its fares relatively low by using fuel hedging. Its accountants have kept the airline profitable by safeguarding itself against market volatility. It locked in low prices for a significant portion of its fuel needs, so when the price of oil...

It seems that Sean Combs, the entrepreneur-turned rap singer-turned-fashion-designer-cum-man- about-town (also sometimes known as P. Diddy or Puff Daddy or Diddy or variations on same) is grounding his private jet because of the extravagant cost of fuel.I'd call it a Sign O' the Times, but that's...

This post is part of a series about real-life signs we're in a recession. It was all set. Family friends in New York had invited us to come out and visit, and my two kids and I were all on board. In theory. Our plans were set at a reunion the previous summer. Fares are cheap! I told them. We'll...