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by ChuckMcM 5005 days ago
To be fair you have to subtract off Federal taxes which the government doesn't pay for the fuel it buys which brings it down closer to $2/gal.
1 comments

That quoted price was the spot price. It doesn't include Federal or other taxes.

Let's suppose that it did include taxes. Federal tax for jet fuel for non-commercial-aviation use is 21.9ยข/gal so even if the quoted price of $3.135/gal included federal tax, the without-tax price would still be $2.916/gal, which is a lot closer to $3/gal than $2/gal.

(Gas for commercial aviation use is also subject to the federal transportation tax and harder for me to figure out.)