Southwest Airlines put Texas jet fuel on a boat to LA for the first time amid supply worries

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  "detected_at": "2026-07-23T20:12:42+00:00",
  "company": {
    "name": "Southwest Airlines",
    "domain": "southwest.com"
  },
  "data": {
    "url": "https://www.cnbc.com/2026/07/23/southwest-shipped-jet-fuel-from-texas-to-california-amid-supply-crunch.html",
    "title": "Southwest Airlines put Texas jet fuel on a boat to LA for the first time amid supply worries",
    "excerpt": "In this article How volatile are fuel markets this year? Southwest Airlines hired a ship this spring to send jet fuel from Texas to California, where prices are much higher and concerns had grown about supply, CFO Tom Doxey told CNBC. It was a first for the Dallas airline. \"It brought like a week's supply to the West Coast at a time when when supply was most constricted ... when it was most at risk,\" Doxey said. The ship, which left from Houston and went through the Panama Canal, arrived May 28 in Los Angeles and had about 12.6 million gallons aboard, Southwest said. For context, Southwest used 564 million gallons of jet fuel in the last quarter . The West Coast is much more reliant on imports than other parts of the country. Jet fuel prices spiked and have been volatile since the U.S. and Israel struck Iran in February. Southwest said Thursday that its fuel expenses were up nearly $900 million in the second quarter from last year. For the shipment to California, the airline said it used a waiver of the Jones Act, a law from 1920 that requires shipments between U.S. ports to be carried on a U.S. ship. President Donald Trump waived that requirement in March as fuel prices were soaring in the weeks following the start of the Iran war and subsequent shipping snarls erupted in the Strait of Hormuz, a key channel. Worries about supplies intensified as countries restricted exports...",
    "summary": "Southwest Airlines reported that its fuel expenses increased by nearly $900 million in the second quarter compared to the previous year.",
    "location": "Dallas, Texas, USA",
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    "image_url": "https://image.cnbcfm.com/api/v1/image/108291911-1776272392422-gettyimages-2265481207-260307_lax_157.jpeg?v=1776895740&w=1920&h=1080",
    "confidence": 0.9,
    "published_at": "2026-07-23T20:12:42Z",
    "location_data": [
      {
        "city": "Dallas",
        "state": "Texas",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
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    ],
    "article_sentence": "Southwest said Thursday that its fuel expenses were up nearly $900 million in the second quarter from last year.",
    "amount_normalized": 900000000
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