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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Current price of oil as of June 11, 2026
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NASA Is Paying Boeing for Extra Rides for Astronauts on Russian Capsules

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February 28, 2017, 1:32 PM ET
The Soyuz MS spacecraft carrying the crew of Kate Rubins of the U.S., Anatoly Ivanishin of Russia and Takuya Onishi of Japan blasts off to the International Space Station (ISS) from the launchpad at the Baikonur cosmodrome, Kazakhstan
The Soyuz MS spacecraft carrying the crew of Kate Rubins of the U.S., Anatoly Ivanishin of Russia and Takuya Onishi of Japan blasts off to the International Space Station (ISS) from the launchpad at the Baikonur cosmodrome, Kazakhstan, July 7, 2016. REUTERS/Shamil Zhumatov TPX IMAGES OF THE DAY - RTX2K2RNShamil Zhumatov — Reuters

NASA will pay Boeing up to $373.5 million for rides to fly up to five astronauts to the International Space Station aboard Russian Soyuz capsules, the U.S. space agency said on Tuesday.

The extra rides will allow the National Aeronautics and Space Administration to add a fourth U.S. astronaut to the six-member station crew more than a year ahead of schedule. Russia in April is reducing its crew from three to two.

NASA also wants backup seats available to staff the space station in case of delays with U.S. commercial space taxis under development by Boeing and by Elon Musk’s Space Exploration Technologies, known as SpaceX.

Related: SpaceX Will Take Two People on a Private Trip to the Moon in 2018

NASA’s last contract with the Russian space agency for Soyuz seats, announced in August 2015, was for six seats covering flights through 2018, at a cost of $82 million apiece.

Under the Boeing (BA) contract, the price falls to $74.7 million per person.

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NASA hired Boeing and SpaceX to fly crew members to the station, which orbits about 250 miles (400 km) above Earth, beginning in late 2018. However, the U.S. Government Accountability Office said earlier this month that both companies face technical hurdles which likely will delay their first crew ferry flights until 2019.

The new agreement with Boeing provides NASA a seat for one astronaut in 2017 and one in 2018, with options for three more rides in 2019.

Boeing obtained the seats as part of an unrelated settlement with Russia’s RSC Energia, which manufactures Soyuz capsules. Energia was the primary owner and Boeing’s partner in another space launch company known as Sea Launch.

Since the U.S. retired the space shuttles in 2011, Russian Soyuz capsules are the only crew transportation services available.

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