Whole Travel Blog

With the cost of oil at a 16-month low ($67/barrel), both domestic as well as international airlines have decided to slash their fuel surcharges on most flights, a very welcome relief in a still struggling economy.

Some routes, such as that between San Francisco and most major European cities, have seen as much as an 18% decrease from a year ago, while other departure cities, namely those in Germany are choosing not to cut their fuel fees. While this is great news for the travel industry, does this mean that the search for alternative energy will slow down?

Photo by: Flip Barrientos

Friday’s $700 billion bail-out restored $18 billion in alternative energy tax credits. This amount, although less than 2.6% of the total bail out, may seem like a lot of money. However, a good question that many have raised is, what if there had been a $700 billion bail-out for the environment?