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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) 更多...Sort type: [Top] [Newest]
Any chance that demon richard Anderson could drink a few barrels of this oil and do the planet a favor and just evaporate ? I hope this is his undoing
Obviously, you don't care much for him.
@ 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.
Hats off to Delta for capitalism. Maybe they should have gotten a government loan and glued solar panels to the airplanes . As they say in business "No risk, no reward". Delta is a great airline and I hope they are successful in this venture.
Oh Boy.. I'd settle for a bag of peanuts..
Delta purchased the operation for about the cost of one 737-900. Delta is the largest private purchaser of fuel in the world. Second to the US military. They spend about $12B annually on fuel. This has the potential to produce about 85% of their jet fuel needs. More that the fuel, it allows Delta to have a little control over the crack spread. Previously, they were at the mercy of the gulf coast oil producers (cartels). Even if it turns bad, the risk is well worth the price.