A pick-up in spring break travel is pointing to the first signs of life for a battered jet fuel market, a trend that is likely to continue as more vaccinated Americans venture back onto airplanes this summer. In U.S. airports, the number of passengers checking in through security hit the highest in a year this week, according to Transportation Security Administration data. The TSA is consistently seeing more than 1 million people a day pass through checkpoints. Traffic was half of that level just two months ago. Jet fuel has proved to be the weakest link in the oil market since the emergence of Covid-19. Lockdowns early last year quickly led to travel restrictions, hundreds of parked airliners, and an overwhelming amount of the fuel planes use with nowhere to put it. Demand for jet fuel plummeted to the lowest on record last summer. “The U.S. is picking up,” […]