No airline pays spot prices for fuel at their regular airports. Fuel hedging is a big piece of it, so are fuel contracts.
I'm guessing the $98,000 includes all the payroll for probably two full crews, fuel costs, direct operating cost, hotels and food for anyone who wanted it, cost associated with cancelled or delayed future flights, extra maintainence if the plane needed an inspection for overweight landing, maybe costs of having to put passengers on other airlines, cost for delayed or destroyed cargo, and lots of other things I don't know about.