If there’s a more confusing three-letter word than “oil” we don’t know what it is. Oil production goes up, the barrel price goes down. The barrel price goes down, unemployment goes up. At the same time, the price at the pumps goes down. All this instability sends investors scurrying, so the stock market goes… Continue reading The Impact Of Oil On Cruising
Tag: Price of oil
Prices on the Rise for Norwegian
The way we see it, which is not always through rose-colored glasses but is always through either bifocals or progressives, Norwegian is increasing fares by 10 per cent on the first of April for one of four reasons: 1. In this era of rocketing oil prices, it’s a way of covering NCL’s inevitable increased expenses… Continue reading Prices on the Rise for Norwegian
Energy Costs Impact Cruise Prices
It’s painful to pull up to the pump these days, even when you’re driving a cruise ship. The difference between people like us and the cruise lines is that we have no one to pay the fuel increase for us, and cruise companies do. They call it a “fuel surcharge” and if you look at… Continue reading Energy Costs Impact Cruise Prices