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› Deltla buys oil refinery1
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Deltla buys oil refinery1 (Read 444 times)
May 1
st
, 2012 at 1:38pm
expat
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One way of helping with the high oil price.
Delta Air Lines buys an oil refinery.
I wonder how many will follow suit?
Matt
PETA
People Eating Tasty Animals.
B1 Boeing 737-800 and Dash8 Q-400
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Reply #1 -
May 1
st
, 2012 at 5:51pm
DaveSims
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Clear Lake, Iowa
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I doubt the margins will offset the purchase price, but I guess it is thinking outside of the box.
Dave
www.flymcw.com
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Reply #2 -
May 1
st
, 2012 at 7:54pm
Steve M
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Cambridge On.
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Well if your buying crude at market price right now, you could likely sell yourself some cheaper fuel. But buying a refinery could open a whole new can of worms. Enviromental, unions, regulations and breakdowns. (Nothing against unions, but they can stop production.)
Interesting to me, is that Canada sells a fair amount of crude to the USA, and they refine it and sell it back to us, because over here a lot of the refineries have closed down. Too much pressure from the periphials, I think.
Flying with twins is a lot of fun..
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Reply #3 -
May 3
rd
, 2012 at 9:54am
skoker
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Jordan never wore his
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Yeah they cut out the middle man, now lets see if that translates to lower ticket prices...
*cough, cough*NOT*cough, cough*
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Reply #4 -
May 4
th
, 2012 at 1:54pm
Katahu
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skoker wrote
on May 3
rd
, 2012 at 9:54am:
Yeah they cut out the middle man, now lets see if that translates to lower ticket prices...
*cough, cough*NOT*cough, cough*
That would be interesting.
But I think they will just sell the crude rather than use it.
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Reply #5 -
May 7
th
, 2012 at 9:44am
jetprop
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a chair infront of a monitor.
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It isn't the petrol stations or the refineries...
Its the governmenr,most of what you pay on oil goes to the government so they can go on expensive holidays...
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