zerobacan Posted August 12, 2008 #1 Share Posted August 12, 2008 Price of the Oil barrel reached $114 as it was on May this year as you guys help me how much was the Fuel Charge in May? $5 Can we expect a drop on our recent reservations? Thanks Link to comment Share on other sites More sharing options...
pryd Posted August 12, 2008 #2 Share Posted August 12, 2008 Wouldn't that be nice! I really doubt that they will fall at the same meteoric rise they had to get to $9.00 About the only way to push this change is to write letters, and have time prove that the prices have stabalized in the Oil market Link to comment Share on other sites More sharing options...
Chigirlcruzin Posted August 12, 2008 #3 Share Posted August 12, 2008 Fuel surcharge as of April 29 (when I booked my B2B) was $7. It was shortly thereafter they increased to $9. Link to comment Share on other sites More sharing options...
Georgiagolfer Posted August 12, 2008 #4 Share Posted August 12, 2008 I don't look for this to go down and/or be removed anytime soon. As the cruise lines have been using more revenues for fuel, keeping the surcharge will help balance their bottom line, and build back some of their reserves. I'm just thankful that it is down at the pumps. Link to comment Share on other sites More sharing options...
pungo3 Posted August 12, 2008 #5 Share Posted August 12, 2008 I agree with the OP, I doubt the fuel surcharge will be going down anytime soon. I just booked an Oct. 2009 cruise and was still charged $9 per day. I'm just thankful it's not going up. Link to comment Share on other sites More sharing options...
Quincella Posted August 12, 2008 #6 Share Posted August 12, 2008 I'll be shocked if it goes down since the market has shown it will bear the $9.00 per person charge. Has anyone seen a reduction in the fuel surcharge on a plane ticket recently? I don't care if the fuel is free....we're still going to be paying the surcharge, unfortunately. Unless, of course, I'm wrong, in which case I'll be really happy! Link to comment Share on other sites More sharing options...
firefly333 Posted August 12, 2008 #7 Share Posted August 12, 2008 Iv been wondering too how they could reduce the fuel surcharge if oil comes down enough. Maybe add the fuel surcharge to the fare at some point, combine them, so your overall fare would have to have come down on the bottom line before you could get a refund?? I dont see an across the board refund. Carnival said if oil went below $70 for more than 30 days they would take the surcharge off. Link to comment Share on other sites More sharing options...
ray98 Posted August 12, 2008 #8 Share Posted August 12, 2008 The fuel surcharge is nothing but a marketing scheme used by many companies now days. Instead of increasing the price of their product or service they put out aa low price to attract more customers and try to pass as much off as they can on "surcharges" at the end. Link to comment Share on other sites More sharing options...
Skywench Posted August 12, 2008 #9 Share Posted August 12, 2008 I don't see the extra charges going away any time soon from crusies or airlines. Fuel is still about double what it was a year or so ago, even though you might be seeing a small decrease at the pumps at home. Link to comment Share on other sites More sharing options...
G'ma Posted August 12, 2008 #10 Share Posted August 12, 2008 I don't think the surcharge will be reduced until/unless oil prices fall below $100.00 and stay there for awhile. Until prices stabilize, anything can happen. I don't think the cruise companies plan on getting slammed again and will wait for stable rates. I disagree with those who say the surcharge is simply a way of raising prices without actually raising them. I do agree that the whole oil price business is due to manipulation of the oil markets by OPEC and other oil producers, speculators and Wall Street. These greedy bums have turned the world's economy on it's ear. Link to comment Share on other sites More sharing options...
LemurCat Posted August 12, 2008 #11 Share Posted August 12, 2008 The fuel surcharge is nothing but a marketing scheme used by many companies now days. Instead of increasing the price of their product or service they put out aa low price to attract more customers and try to pass as much off as they can on "surcharges" at the end. Actually, what happens is that companies put their budgets together based on projections and past perfornance. As such, if Carnival or any cruise line was basing even their fuel cost projections on last year, they were going to be looking at a massive budget shortfall of about 40% or so. With the exception of a couple of very smart commodities brokers, no one really saw both the rise in the price of crude oil as well as the weakening of the US dollar (which oil is priced in) when they were writing up their budgets. I do think you're partly correct, however in that part of it is a marketing ploy but can assure you that the operating costs of everything has shot up immensely due to the rising cost of oil/weakening of the US dollar. Link to comment Share on other sites More sharing options...
LemurCat Posted August 12, 2008 #12 Share Posted August 12, 2008 I don't think the surcharge will be reduced until/unless oil prices fall below $100.00 and stay there for awhile. Until prices stabilize' date=' anything can happen. I don't think the cruise companies plan on getting slammed again and will wait for stable rates.[/quote'] I would have to stay down there for about four-to-six months. The oil that is converted over to fuel and at the pumps today was traded about that long ago and priced accordingly. We'll be feeling this spike in oil prices well into next year. Link to comment Share on other sites More sharing options...
yst347 Posted August 12, 2008 #13 Share Posted August 12, 2008 It's interesting to hear people like Chuck Schumer say with one breath how OPEC is manipulating prices by refusing to drill more crude; then say with the next breath how drilling isn't a solution. :D Link to comment Share on other sites More sharing options...
Mikel1733 Posted August 12, 2008 #14 Share Posted August 12, 2008 It's interesting to hear people like Chuck Schumer say with one breath how OPEC is manipulating prices by refusing to drill more crude; then say with the next breath how drilling isn't a solution. :D Amen :D Link to comment Share on other sites More sharing options...
LemurCat Posted August 12, 2008 #15 Share Posted August 12, 2008 It's interesting to hear people like Chuck Schumer say with one breath how OPEC is manipulating prices by refusing to drill more crude; then say with the next breath how drilling isn't a solution. :D Seeing as the oil is eventually going to give out, drilling really isn't the solution. Not to take this thread into the political, it's not as easy as simply drill more oil, prices go down. There are a ton of other factors involved in the price of gas, not the least of which is the fact that it's a commodity that's traded on the open market. Link to comment Share on other sites More sharing options...
Quincella Posted August 12, 2008 #16 Share Posted August 12, 2008 Seeing as the oil is eventually going to give out, drilling really isn't the solution. Not to take this thread into the political, it's not as easy as simply drill more oil, prices go down. There are a ton of other factors involved in the price of gas, not the least of which is the fact that it's a commodity that's traded on the open market. I agree. Drilling isn't a solution. We can drill all day, but we still don't have enough refineries to process it. But then...like you said....that's another subject entirely. Link to comment Share on other sites More sharing options...
yst347 Posted August 12, 2008 #17 Share Posted August 12, 2008 Drilling more crude is the only solution to increasing stocks of crude. Anyone who believes more crude will simply appear without it being produced may as well believe in the tooth fairy. The only thing that will reduce consumption of products made from crude is price, higher price. Thus far pricing has been very effective. If you like where prices are now, just wait and see where they go without increased production. ;) Link to comment Share on other sites More sharing options...
Quincella Posted August 12, 2008 #18 Share Posted August 12, 2008 If you like where prices are now, just wait and see where they go without increased production. ;) My point exactly. But no matter how much crude you have, you still have to have the facilities to refine it. We do not. Demand is on the rise, so more crude is necessary, but only effective to the point of refining capacity. Geez...this is so not a fun thread. I quit! :D Link to comment Share on other sites More sharing options...
yst347 Posted August 12, 2008 #19 Share Posted August 12, 2008 My point exactly. But no matter how much crude you have, you still have to have the facilities to refine it. We do not. Demand is on the rise, so more crude is necessary, but only effective to the point of refining capacity. Geez...this is so not a fun thread. I quit! :D We should build more refineries in the USA for the same reasons we should encourage more domestic production (drilling); protection from embargo, more domestic jobs, reduced balance of payments deficit, and stronger dollar. We have imported gasoline for years and there is little empirical evidence of a global shortage in refining capacity. Link to comment Share on other sites More sharing options...
LemurCat Posted August 12, 2008 #20 Share Posted August 12, 2008 We should build more refineries in the USA for the same reasons we should encourage more domestic production (drilling); protection from embargo, more domestic jobs, reduced balance of payments deficit, and stronger dollar. We have imported gasoline for years and there is little empirical evidence of a global shortage in refining capacity. Okay, and how about we build that refinery in your backyard? And how exactly is that going to take care of the long-term problem of running out of oil in it's entirety? Ultimately, that oil is STILL going to be traded on the open market. It's still open to manipulation by both the producer and the traders. Link to comment Share on other sites More sharing options...
Quincella Posted August 12, 2008 #21 Share Posted August 12, 2008 We should build more refineries in the USA for the same reasons we should encourage more domestic production (drilling); protection from embargo, more domestic jobs, reduced balance of payments deficit, and stronger dollar. We have imported gasoline for years and there is little empirical evidence of a global shortage in refining capacity. I thought we were speaking of domestic drilling, and I was speaking of domestic refining. Sounds like you and are are actually on the same page, here. It's all about reducing dependency on foreign sources of oil, refined or not. Ok....I really do quit this time. And I do hope the fuel surcharges go away at some point in time, even though it is not likely to happen. Ever. Whew! :) Link to comment Share on other sites More sharing options...
LemurCat Posted August 12, 2008 #22 Share Posted August 12, 2008 I thought we were speaking of domestic drilling, and I was speaking of domestic refining. Sounds like you and are are actually on the same page, here. It's all about reducing dependency on foreign sources of oil, refined or not. Ok....I really do quit this time. And I do hope the fuel surcharges go away at some point in time, even though it is not likely to happen. Ever. Whew! :) I would imagine that next year the surcharge is simply included in the price of the cruise as it shouldn't be a budget adjustment (since crude has been trading a bit cheaper of late). Link to comment Share on other sites More sharing options...
zerobacan Posted August 12, 2008 Author #23 Share Posted August 12, 2008 I would imagine that next year the surcharge is simply included in the price of the cruise as it shouldn't be a budget adjustment (since crude has been trading a bit cheaper of late). That sounds more serious than applying a surcharge for a future price, surcharge are understand as a quick last hour adjustment, not a long term fee... Link to comment Share on other sites More sharing options...
Julie Koefoot Posted August 12, 2008 #24 Share Posted August 12, 2008 Afternoon, Developing new energy resources and permanately decreasing our dependency on foriegn oil should CLOSE to the top of this countrys list of things to do. My big fear is after the election, the price of fuel will sky rocket. I hope I am wrong!!!! Julie Link to comment Share on other sites More sharing options...
DqALEX Posted August 12, 2008 #25 Share Posted August 12, 2008 Price of the Oil barrel reached $114 as it was on May this year as you guys help me how much was the Fuel Charge in May? $5 Can we expect a drop on our recent reservations? Thanks I don't think you will see Carnival drop it. They have lost so much money on fuel it will have to stay low for over a year before you might see a drop Link to comment Share on other sites More sharing options...
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