Recently air carriers including American (AMR) and US Air (LCC) announced various surcharges to cover the high cost of fuel eating into their operating margins. While this is not exactly a new story - a total of eight airlines have entered Chapter 11 bankruptcy protection or stopped flying altogether since Dec. 2007 - every time the price of a barrel of oil goes up $1, it drives up the expense of jet fuel by $465 million for US-based carriers.

Meanwhile, carriers are now either partnering up, like Delta (DAL) and Northwest (NWA), or rumored to be considering it, like Continental (CAL) and United (UAUA). Expect more fees and surcharges to be coming your way.

Below Minyanville takes a look at what fees you might expect to be paying if fuel costs for air carriers keep rising: