Gasoline prices are once again plummeting across the nation, and in the Hoosier State, the average price of a gallon of unleaded gasoline is sitting at $1.79.
Jet fuel prices have been dropping as well. However, airline fares haven’t seen as drastic of a price drop.
About 30 percent of airlines’ operating costs are fuel. With the large dip in fuel prices, you might expect to see a dip in ticket prices, but that is not where the money has gone.