An Airline Owning A Refinery?

[Frank Szabo]

Link to Faux Business News

Perhaps Delta figured a better used for $150MM besides bonuses and consultants.

 

[Mrs. McFly]

I just read this in the WSJ as well. Seems like an interesting concept, but running a refinery may be biting off more than one can chew.

 

[TWU informer]

It would be much better to keep accepting employee concepts of concessions for jobs, keeping an over inflated workforce, and then hiring consulting firms and advisors to accomplish the jobs that several thousand paid management workers should be doing.

The Union Idiots run the airline from the maintenance perspective, and the consulting firms run everything else.

 

[Frank Szabo]

I just read this in the WSJ as well. Seems like an interesting concept, but running a refinery may be biting off more than one can chew.

At first glance, that's what I thought but then I remembered my chemistry.

Gasoline is a by-product of refining. Someone, years ago, decided it would be better to design an engine that would burn the stuff rather than dump it on the ground and burn it as was once done by all refiners. Kerosene, jet fuel, diesel (#1, #2), lube products, greases and tar (in reverse order of power produced by burning) were the primary goals of refineries in years past.

If DL were to purchase this thing, it could suppy all airlines with some cheaper fuel (removing some if not all of the crack spread) but certainly not all needs. Look for wailing and gnashing of teeth by big oil to their owned representatives in Congress to see if it's really a good idea for DL.

The people are available to run these refineries - whether or not big oil will allow them to be supplied with raw material is another issue entirely.

 

[700UW]

The refinery in question is shutdown, and needs major investment of $100 to $200 million to bring it up to standards.

There is a reason why Conoco shut it down and put it up for sale.

 

[OldGuy@AA]

How about a merger between AMR and EXXON/Mobil ? Hey. It could happen. haha

 

[Joe Patroni]

NOOOOOO!!! I went to work at a refinery to escape the airline industry. :angry:

 

[Buck]

The refinery in question is shutdown, and needs major investment of $100 to $200 million to bring it up to standards.

There is a reason why Conoco shut it down and put it up for sale.

If that will save jobs I know who would be interested .....

 

[engtester1]

I think Crandel had a refinery back in the 70's but had to get rid of it. AA had an unfair advantage.

Exon/Mobile did visit AFW last Tuesday.

 

[MCI transplant]

🙄 ------- One of the largest refinery's in the North American hemisphere is setting ideal on St. Croix, and could probably be picked up cheap!!!! In fact the big oil boys shut down eighteen refinery's world wide in the last couple years. ------- And you wonder why gas is so expensive at the pump?

 

[Barfbag]

Humans expelle methane at intervals of twenty times a day. That's a lot of gas....on each flight filled with passengers...

now if they could get enough gas to propell an aircraft. 🙂

 

[Man of the People]

Humans expelle methane at intervals of twenty times a day. That's a lot of gas....on each flight filled with passengers...

now if they could get enough gas to propell an aircraft. 🙂

I think an oil company buying an airline makes more sense. This way the oil company won't necessarily have to deal with the airline, just provide them oil at a reduced rate. However, they would be slitting their own throat in part by doing this. This would force the other oil companies to have to match the rate. Poof! there would go the profits.....

 

[Barfbag]

I think an oil company buying an airline makes more sense. This way the oil company won't necessarily have to deal with the airline, just provide them oil at a reduced rate. However, they would be slitting their own throat in part by doing this. This would force the other oil companies to have to match the rate. Poof! there would go the profits.....

Poof ! That's all that's needed..

http://inhabitat.com/farts-to-fuel-new-methane-processing-plant-in-greenpoint-brooklyn/

 

[MCI transplant]

<_< ------- Latest and greatest people!!! ---------- http://www.kctv5.com/story/17942243/delta-air-buys-pa-refinery-from-conoco -----You heard it first here!

 

[FWAAA]

<_< ------- Latest and greatest people!!! ---------- http://www.kctv5.com/story/17942243/delta-air-buys-pa-refinery-from-conoco You heard it first here!

Nope, it was posted first in the Delta forum a couple hours ago.