Delta looking into North Dakota crude for refinery
by Joshua Freed, AP Business Writer
September 06, 2012 11:15 AM | 296 views | 0 0 comments | 4 4 recommendations | email to a friend | print
Delta Air Lines Inc. is looking into buying cheaper crude oil from North Dakota to supply its new refinery, instead of the more expensive crude from overseas that the refinery has used in the past.

Delta bought the refinery near Philadelphia earlier this year in an effort to cut its fuel expenses by $300 million per year. A Delta executive speaking on Thursday in New York told analysts that the savings could be even higher if it can get crude from North Dakota.

Like many East Coast refineries, the Trainer refinery got its crude oil by ships that came from outside the U.S. Delta says North Dakota oil for its refinery would come by train.

Comments
(0)
Comments-icon Post a Comment
No Comments Yet
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, spam, and links to outside websites will also be rejected. Please read our terms of service for full guides