Friday, May 16, 2008

Gas/Oil Prices Continue To Climb

WASHINGTON — Airlines have reduced the amount of spare fuel on airplanes in a money-saving effort that is raising concerns among some pilots and a government watchdog. Less fuel on planes increases the likelihood of diverted flights because planes can't circle for as long over airports when a landing is delayed, according to more than 20 pilots who filed complaints in the past year with NASA's Aviation Safety Reporting System. The reporting system collects complaints from pilots and others and keeps their identities secret.

WASHINGTON — Oil prices have risen above $127 a barrel for the first time Thursday, while gasoline also recorded a new high at a national average of $3.79 per gallon.

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