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Tell me, How can Delta Airlines buy a retired Refinery ?
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Posted 5/2/2012 21:18 (#2365993 - in reply to #2365854)
Subject: Re: Tell me, How can Delta Airlines buy a retired Refinery ?



central - east central Minnesota -

djmcountryboy - 5/2/2012 18:55 The reason Delta did it was because the company was having difficulty hedging fuel prices. I can't remember what their fuel costs are for a year, but the number was staggering. I believe this was a great move by Delta and I would not be suprised to see other companies who use large amounts of product try and do the same thing in the future.

I duhno Darrel - if they couldn't handle hedgeing their fuel before, how are they planning to hedge crude to refine, to their advantage  ?
Just asking  . . .
This refinery will not fill all their needs - mainly their east / south east operations ~

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