Deltla buys oil refinery1

[expat]

One way of helping with the high oil price.

Delta Air Lines buys an oil refinery. I wonder how many will follow suit?

Matt

[DaveSims]

I doubt the margins will offset the purchase price, but I guess it is thinking outside of the box.

[Steve M]

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.)

[skoker]

Yeah they cut out the middle man, now lets see if that translates to lower ticket prices...


*cough, cough*NOT*cough, cough*

[Katahu]

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.

[jetprop]

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...