Shortage of jet fuels
American airlines are reporting shortage of jet fuel at some airports and saying they will have to load more fuel at larger airports. With record travellers and new routes opening everyday, the demand has to increase dramatically leading to a higher barrel price. Time will tell but there is also a noticeable increase in car traffic across N. America which will also draw down gasoline inventories, again leading to a draw in barrels, leading to a higher price. It is only a matter of time until we see $80 oil if this demand keeps up.