Spirit Airlines apologized to the American public during a last minute bankruptcy hearing Tuesday morning just days after its shock shutdown.
The budget-friendly airline shut down with immediate effect Saturday, impacting thousands of passengers who became stranded and nearly as many employees.
Marshall Huebner, an attorney for the former airline, took the stand in front of Judge Sean H. Lane in a White Plains, New York, courtroom to discuss the hardship it encountered that led to its shutdown, including a dramatic rise in fuel prices resulting from the U.S. and Israel’s war with Iran.
It’s kind of surprising to me that fuel prices in the US seem to have been affected the most by it.
I’m above the border and gas was typically $1.30 and now it’s closer to $1.90-$2.00
Still a big increase but no where near double like some places in the US
American oil companies ALWAYS exploit any situation on which they can rationalize price increases. Even a rumor of a supply problem, even if it doesn’t affect America, will cause a 50 cent spike in prices.
Something like this? Time to cash in! I guarantee that at the end of the year, the oil companies will have record profits, proving that the increases weren’t due to the increased price of supply, but corporate greed-flation caused by profit-gouging.
Well, we do extract and refine our own gasoline in canuckistan, so maybe it’s that.
I live on West coast so I think we do actually import a lot of gas from washington