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Delta starts jet fuel production at Pa. refinery
Delta Air Lines Inc's 185,000-barrel-per-day refinery in Trainer, Pennsylvania, has begun producing jet fuel, a source familiar with the situation said on Monday. (af.reuters.com) さらに...Sort type: [Top] [Newest]
What will really be interesting is how they put Monroe Energy on the books. If it is listed as a full, for profit company, it's hard to see how DAL will realize any fuel savings. If they bring it down to a cost+ operation they stand a chance to realize the full savings potential. Either way, I am like De, it is good to see something happen here by not only buying the refinery, but in the future switching to the Bakken crude rather than North Sea or Africa.
Either way, I wish them well with it.
This is refreshing! A business practice which is the exact opposite of "outsourcing", and it takes "in sourcing" to a new level. It's one way to fix things and get what you want how and when you want it.
Will be interesting to follow this model and see what happens in the coming couple of years...
Oh Boy.. I'd settle for a bag of peanuts..
@ chalet:
Not to worry. Double cross and the other oil companies will keep them in line and then just follow the exchange agreements. The world is fast out growing the need for heavy fuel oil with the conversion from steam to diesel. Little of industry other than military uses 4 and 6 oil any more, and natural gas is becoming more and more plentiful. As for the heavy ends like asphalts, the shingle factories use most of it and double cross led the way to make plastic pipe and other products. Exxon has retracted their refining over the years and their storage and terminal operations too. Baltimore was a huge facility with deep water service and it was just finally demolished as was Chevron's asphalt refinery in the same city. I think the market is there for the residual "stuff" as long as they play nice with the other oil companies.
Not to worry. Double cross and the other oil companies will keep them in line and then just follow the exchange agreements. The world is fast out growing the need for heavy fuel oil with the conversion from steam to diesel. Little of industry other than military uses 4 and 6 oil any more, and natural gas is becoming more and more plentiful. As for the heavy ends like asphalts, the shingle factories use most of it and double cross led the way to make plastic pipe and other products. Exxon has retracted their refining over the years and their storage and terminal operations too. Baltimore was a huge facility with deep water service and it was just finally demolished as was Chevron's asphalt refinery in the same city. I think the market is there for the residual "stuff" as long as they play nice with the other oil companies.