Enjoy the 'cheap' fuel while you can. BA are currently hedging their 2006 fuel at the equivalent of $78/barrel.
The traders on NYMEX don't see it that way. Crude oil futures for 2006 are around $61 per barrel. 2007, 8, 9, 10, 11 are around $56 per barrel.
Jet fuel is a different grade to the WTI future - jet fuel's current market price (not a future) is ~$72/bbl - don't mix the prices of different grades as they are incomparable!