For the first time in more than 14 years, the “record-high spike” in Jet-A fuel prices in the U.S. has surpassed that of 100L, according to a report by GlobalAir.com.

“When you have been in the business aviation industry for as long as we have, you see all kinds of things,” says Jeffrey Carrithers, GlobalAir.com president and CEO. “However, this is the first time seeing anything like this.”

There also has been a change in the locations experiencing the higher prices.

Typically, jet fuel prices are higher in the Eastern U.S., but in early May, Jet-A pricing was 2% higher in the New England Region at $7.96 per gal, compared to the Northeast Region at $7.81 per gal., according to the report. Prices in the Western Pacific Region, at $7.08 per gal., meanwhile, is 11% lower than in New England—a wider than normal margin, according to GlboalAir.com. 

Prices average $6.82 in the Northwest Mountain Region, $6.72 in the Southwest Region, $6.31 in the Great Lakes Region and $6.10 in the Central Region. 

On May 4, the national average was $6.90.

By comparison, the average retail price of Jet-A hit a three-year low of $4.49 in May 2020 and has risen 47.2% in the past two years, based on national averages.

In a chart of petroleum consumption by the U.S. Energy Information Administration, U.S. aircraft owners and operators consumed an average of 1.37 million barrels of jet fuel per day and 12,000 barrels of aviation gasoline per day. That is down from pre-pandemic consumption in 2019 of an average 1.74 million barrels of jet fuel per day and an average of 13,000 barrels of aviation gasoline per day.