16 September 2008

The price of jet fuel

With the price of oil back below US$100 per barrel, today I completed the following graph. I was particularly interested to see what the picture was with respect to monthly movements in the price of jet fuel measured in New Zealand dollars.

I used monthly jet fuel spot prices from the Energy Information Administration of the US Department of Energy (see previous post). The exchange rate data set I used came from the Reserve Bank of New Zealand.

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