Not Logged In Log In   Sign Up   Points Leaders
Follow Us    12:01 PM

GasBuddy News Article

23
votes
Delta buys a refinery in bid to cut its fuel bill

My Way News -- Delta Airlines buys an idle oil refinery to keep costs down.

Read the Full Article

Submitted Apr 30, 2012 By: muchdutch
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Delta buys a refinery in bid to cut its fuel bill Post a Reply Back to Topics
REPLIES (newest first)
Profile Pic
eromitlab
Champion Author Huntsville

Posts:7,311
Points:1,451,160
Joined:May 2008
Message Posted: Apr 30, 2012 10:32:02 PM
 Ignore eromitlab Report Abuse

Yeah, good luck with that. Now you can be stuck in Atlanta for hours because your fuel is still around Philadelphia.
Profile Pic
roadrunnin
Champion Author Richmond

Posts:1,749
Points:563,410
Joined:May 2008
Message Posted: Apr 30, 2012 8:19:54 PM
 Ignore roadrunnin Report Abuse

sounds like a win - win
Profile Pic
USAv8tor
Veteran Author Long Island

Posts:348
Points:138,665
Joined:Mar 2012
Message Posted: Apr 30, 2012 7:22:30 PM
 Ignore USAv8tor Report Abuse

I wonder what the stipulations of the contract are? They buy a refinery, get locked into a contract and when gas prices start decreasing, now they're stuck with a contract for that set price of fuel they agreed upon for 2, 3, 4, 5 years.
Profile Pic
BlueLesPaul2006
Veteran Author Delaware

Posts:401
Points:92,900
Joined:Mar 2010
Message Posted: Apr 30, 2012 7:21:53 PM
 Ignore BlueLesPaul2006 Report Abuse

an airline who owns an oil company. seems like a monopoly to me.
Profile Pic
Vetteblu
Champion Author Denver

Posts:2,665
Points:778,870
Joined:Oct 2010
Message Posted: Apr 30, 2012 6:56:33 PM
 Ignore Vetteblu Report Abuse

And no airline thought of this years ago?
Profile Pic
Track79
All-Star Author Maine

Posts:802
Points:599,265
Joined:Mar 2010
Message Posted: Apr 30, 2012 5:25:40 PM
 Ignore Track79 Report Abuse

Bring down the air fares then
Profile Pic
playtimeCLE
Champion Author Cleveland

Posts:8,545
Points:1,541,450
Joined:Nov 2008
Message Posted: Apr 30, 2012 4:59:12 PM
 Ignore playtimeCLE Report Abuse

If they can find affordable sources of oil to refine this could work out great!
Profile Pic
MOREDLEG
Champion Author Missouri

Posts:2,645
Points:609,710
Joined:May 2011
Message Posted: Apr 30, 2012 4:53:08 PM
 Ignore MOREDLEG Report Abuse

BRILLIANT!!!!
Profile Pic
hubie24
Veteran Author Michigan

Posts:315
Points:204,080
Joined:Jul 2010
Message Posted: Apr 30, 2012 4:27:43 PM
 Ignore hubie24 Report Abuse

Must be nice to have money.
Post a reply Back to Topics
"Consumers working together to save on gas"