Fuel is airlines' second-largest expense, and getting even costlier due to the U.S. war with Iran. Airlines are looking for ways to cope, starting by hiking checked baggage fees for most fliers.
About "33% of the world's helium supply is offline for at least the next three to five years," Cliff Cain told NewsNation.
Stuart Varney found little comfort from his guest about the skyrocketing oil and gas prices amid President Donald Trump's ongoing war on Iran.
House Bill 1199 is in response to high gas prices fueled by the conflict with Iran. It passed the House on Wednesday.
Amid rising gas prices and uncertainly at home about the cost and duration of the war with Iran, Trump is telling Americans this is only a short-term mission.
Travelers complained of long waits, over the weekend — lasting hours in some cases — at security checkpoints at airports in Houston and New Orleans, which officials blamed on a government shutdown of the U.S. Department of Homeland Security. President Donald Trump said Sunday that increasing prices of oil are “a very small price to pay” for “safety and peace” amid the U.S. conflict with Iran.