Your bloggers have frequently reported that our country is now the largest producer of natural gas. We’re a net exporter of refined gasoline and it’s estimated that we will be the world’s largest producer of crude oil by 2020. As a result of the ongoing economic malaise and the continued improvement of gas mileage (primarily a consequence of high fuel prices, not government fiat), fuel consumption has dropped dramatically over the past decade. Economics 101 tells us that as production increases, and consumption drops, surpluses are created, driving prices down. This is true, however, only in a free market free of government meddling.
Pilots in the Pacific Northwest are enjoying lower-cost fuel and reduced lead problems ever since Arlington Flight Services at the Arlington Municipal Airport (AWO) added aviation-grade, 92 AKI mogas earlier this month. As many know, this airport hosts the annual Arlington Fly-In each July, one of the largest sport aviation events in the country. The availability of mogas at next year’s event is sure to encourage more to attend.
OSHKOSH — Pilots from Purdue University will fly the university’s Embraer Phenom 100 jet to AirVenture on Friday, Aug. 2, powered in part by a biofuel. One of the jet’s twin Pratt & Whitney engines will be filled with conventional jet aviation fuel, while the other will contain a biofuel blend prepared by the U.S. Air Force.
OSHKOSH – The nation’s largest network of branded FBOs, Phillips 66 Aviation, is launching a new credit card for pilots that provides opportunities for triple WingPoints Rewards and double Young Eagles Fuel Rebates.
In AVweb’s recent article on the acquisition of Thielert by AVIC, the parent company of Continental Motors, Rhett Ross, CEO of Continental, expressed the reality that your bloggers have reported on for the past several years: ” … Continental said it wanted multiple solutions to accommodate both a global market and a U.S. market that steadfastly refuses to decide on fuel preferences in a world market that already has: Jet A and mogas.”