US jet fuel glut too big for surging air travel to drain

Air traffic in the US has jumped to more than two million passengers a day, about 78% of where it was in the summer of 2019, according to the Transportation Security Administration. That’s done little to diminish the massive glut in jet fuel stockpiles, which stand at their highest seasonal level in a decade.

HOUSTON: The United States is swimming in so much jet fuel that even this summer’s surge in air travel can’t save the market.

Air traffic in the US has jumped to more than two million passengers a day, about 78% of where it was in the summer of 2019, according to the Transportation Security Administration.