GasBuddy Blog

GasBuddy News Article

votes

Delta Air Lines buys ConocoPhillips Refinery in PA

GasBuddy Blog -- Delta Air Lines is buying the idled ConocoPhillips refinery in Trainer, PA and is expected to shift the majority of its production to jet fuel. Pennsylvania's state government is contributing $30 million to subsidize the deal.

It's the second major move involving a Pennsylvania refinery in as many days. Yesterday we shared the news that Energy Transfer Partners in Dallas acquired Sunoco and its (335,000 bpd) Philadelphia refinery.

The news that these refineries will remain in operation may be good news for the steelworkers who work there, and certainly keeping the Sunoco refinery in Philadelphia operating should help meet regional demand for gasoline. But whether Delta's purchase of this refinery is a positive note for...

Read the Full Article

Submitted May 01, 2012 By: PD

Back To News

Category: GasBuddy Official Blog > Topics	Add to favorite topics Post New Topic

Author	Topic: Delta Air Lines buys ConocoPhillips Refinery in PA	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First Prev

Next Last

doncNJ Champion Author New Jersey Posts:7,661 Points:1,532,795 Joined:Oct 2008	Message Posted: May 2, 2012 9:51:21 AM Ignore doncNJ Report Abuse Another news article from yesterday.
Bigtex09 Champion Author Dallas Posts:4,427 Points:1,186,865 Joined:Oct 2009	Message Posted: May 2, 2012 9:51:16 AM Ignore Bigtex09 Report Abuse fly 2 segments and get a free tank of gas?
jayrad1957 Champion Author Los Angeles Posts:19,917 Points:1,625,190 Joined:Nov 2008	Message Posted: May 2, 2012 9:51:10 AM Ignore jayrad1957 Report Abuse Sounds like an idea whose time has come. Hope it works out for Delta.
BillHeatherL Champion Author Alberta Posts:7,787 Points:1,952,330 Joined:Apr 2007	Message Posted: May 2, 2012 9:51:07 AM Ignore BillHeatherL Report Abuse good news for the workers
TXGasPriceSpy Champion Author Fort Worth Posts:7,957 Points:1,499,975 Joined:Sep 2008	Message Posted: May 2, 2012 9:50:57 AM Ignore TXGasPriceSpy Report Abuse That's different!!!
scrossi Champion Author Indiana Posts:4,024 Points:1,076,190 Joined:Dec 2008	Message Posted: May 2, 2012 9:49:41 AM Ignore scrossi Report Abuse Do I hear monopoly?
badbonita Champion Author Syracuse Posts:6,366 Points:1,381,410 Joined:Jul 2008	Message Posted: May 2, 2012 9:49:41 AM Ignore badbonita Report Abuse Seen several articles regarding this news and overall, good news at least for Delta and the workers at that refinery.
mazdaboy Champion Author Portland Posts:8,029 Points:2,125,955 Joined:Aug 2003	Message Posted: May 2, 2012 9:48:54 AM Ignore mazdaboy Report Abuse Another corporate buy out.
SUV2009 Champion Author Orlando Posts:4,488 Points:1,165,240 Joined:Oct 2009	Message Posted: May 2, 2012 9:48:10 AM Ignore SUV2009 Report Abuse Good for Delta.
bluenvoy Champion Author Nashville Posts:15,171 Points:1,900,615 Joined:Oct 2005	Message Posted: May 2, 2012 9:47:58 AM Ignore bluenvoy Report Abuse Since 40% of their costs is fuel, good move.
ChristinaCricke Champion Author New Jersey Posts:3,885 Points:795,275 Joined:Mar 2011	Message Posted: May 2, 2012 9:47:46 AM Ignore ChristinaCricke Report Abuse Will this mean the cost of their flights will be less? NOT!
azadus All-Star Author Houston Posts:554 Points:110,975 Joined:Mar 2012	Message Posted: May 2, 2012 9:47:04 AM Ignore azadus Report Abuse ok
mberg Champion Author Houston Posts:3,948 Points:987,780 Joined:Aug 2010	Message Posted: May 2, 2012 9:46:38 AM Ignore mberg Report Abuse I wonder if airline skills can be transferred to refining.
civicdutie Champion Author Rochester Posts:4,586 Points:978,485 Joined:Nov 2008	Message Posted: May 2, 2012 9:46:04 AM Ignore civicdutie Report Abuse Good for the workers, however, I wonder how this will affect regional gasoline prices.
putz247 Champion Author Ohio Posts:2,300 Points:525,210 Joined:Aug 2011	Message Posted: May 2, 2012 9:45:32 AM Ignore putz247 Report Abuse old news
herndonks Champion Author Baltimore Posts:1,116 Points:211,685 Joined:Dec 2011	Message Posted: May 2, 2012 9:45:16 AM Ignore herndonks Report Abuse I hope this works out for Delta. If it does, I expect other airlines to do the same or maybe work jointly to do it.
firemunkee Veteran Author Maryland Posts:408 Points:56,450 Joined:Jan 2012	Message Posted: May 2, 2012 9:44:27 AM Ignore firemunkee Report Abuse interesting.
essel Champion Author Virginia Posts:2,833 Points:1,067,270 Joined:Nov 2007	Message Posted: May 2, 2012 9:44:01 AM Ignore essel Report Abuse ok
taco40 Champion Author Washington Posts:10,712 Points:1,841,850 Joined:Apr 2006	Message Posted: May 2, 2012 9:42:49 AM Ignore taco40 Report Abuse If you get undercooked fuel, Delta, to whom will you complain?
Black Wagon Champion Author Illinois Posts:7,452 Points:1,829,720 Joined:Mar 2004	Message Posted: May 2, 2012 9:42:14 AM Ignore Black Wagon Report Abuse Didn't we just see this yesterday?
lonewolfhead Champion Author Texas Posts:1,688 Points:585,980 Joined:Aug 2011	Message Posted: May 2, 2012 9:42:14 AM Ignore lonewolfhead Report Abuse OK
Heltonw Champion Author Montana Posts:3,451 Points:1,687,065 Joined:Dec 2007	Message Posted: May 2, 2012 9:41:52 AM Ignore Heltonw Report Abuse Hopefully it will be good for Delta and workers at the refinery.
Bullseye520 Champion Author Louisville Posts:2,337 Points:695,090 Joined:Apr 2011	Message Posted: May 2, 2012 9:41:24 AM Ignore Bullseye520 Report Abuse Good for Delta Air Lines!
BigBrat Champion Author Phoenix Posts:2,693 Points:1,058,405 Joined:Dec 2004	Message Posted: May 2, 2012 9:40:53 AM Ignore BigBrat Report Abuse Keep the tickets prices low!!!!
mitchells Champion Author Montreal Posts:3,971 Points:1,149,960 Joined:Oct 2009	Message Posted: May 2, 2012 9:40:16 AM Ignore mitchells Report Abuse That's a pretty good marriage. Airlines and oil refineries, since the refinery is a steady profit maker, which can help support struggling airlines. Also, it makes them more vertically oriented company, in that they can produce the fuel which is one of their major cost factors. Question is, will they sell to airports or airlines? Will they give themselves a better price than to other airlines?
dave1745 Champion Author Gary Posts:1,263 Points:762,670 Joined:Dec 2010	Message Posted: May 2, 2012 9:40:11 AM Ignore dave1745 Report Abuse hmm
INBwana Champion Author Indiana Posts:5,714 Points:723,685 Joined:Apr 2011	Message Posted: May 2, 2012 9:39:56 AM Ignore INBwana Report Abuse Yesterdays post. How about some current news!
5Golfer8 Champion Author Tucson Posts:2,263 Points:326,925 Joined:Jun 2011	Message Posted: May 2, 2012 9:39:43 AM Ignore 5Golfer8 Report Abuse If man made global climate change exists its the airplanes that do it by injecting exhaust into the stratosphere.
madison8359 Champion Author Cleveland Posts:9,327 Points:1,620,995 Joined:Apr 2008	Message Posted: May 2, 2012 9:38:55 AM Ignore madison8359 Report Abuse Apparently someone is able to make money on these deals.
BCM1 Champion Author Pennsylvania Posts:1,879 Points:786,420 Joined:Jun 2007	Message Posted: May 2, 2012 9:38:25 AM Ignore BCM1 Report Abuse My tax money at work subsidizing the airlines to produce fuel for an airline I will never fly on. Thanks a lot. Why can't they just require businesses to be self reliant instead of feeding them all of the time. They have to keep 405 workers for the next 5 years. That comes down to $14,814 per year that each worker is getting from the taxpayers of Pennsylvania.
Insuremn Champion Author Twin Cities Posts:5,092 Points:1,057,660 Joined:May 2010	Message Posted: May 2, 2012 9:37:23 AM Ignore Insuremn Report Abuse Good for Delta.
daquanabe Champion Author Houston Posts:1,913 Points:391,625 Joined:Oct 2009	Message Posted: May 2, 2012 9:37:17 AM Ignore daquanabe Report Abuse okay
edg104 Champion Author Memphis Posts:1,663 Points:388,345 Joined:Feb 2011	Message Posted: May 2, 2012 9:36:50 AM Ignore edg104 Report Abuse Layoffs on the way, that's how Delta works when they takeover.
chemist74 Champion Author Cleveland Posts:13,510 Points:2,395,980 Joined:Apr 2005	Message Posted: May 2, 2012 9:36:34 AM Ignore chemist74 Report Abuse If Conoco Phillips could not operate the refinery profitably, what makes Delta think it can?
smoketown Champion Author Cincinnati Posts:6,373 Points:1,409,575 Joined:Feb 2008	Message Posted: May 2, 2012 9:36:15 AM Ignore smoketown Report Abuse Looks like the baggage fees made them a BIG profit.............
april4 Champion Author Virginia Beach Posts:12,315 Points:2,428,560 Joined:Oct 2005	Message Posted: May 2, 2012 9:36:07 AM Ignore april4 Report Abuse Interesting!
blitzntj Champion Author Jacksonville Posts:4,799 Points:967,880 Joined:Dec 2007	Message Posted: May 2, 2012 9:34:39 AM Ignore blitzntj Report Abuse Let's see how this plays out!
GGAlbo Champion Author Detroit Posts:2,288 Points:1,911,125 Joined:Sep 2006	Message Posted: May 2, 2012 9:32:37 AM Ignore GGAlbo Report Abuse Lets see if the fuel prices go down!
slgas Champion Author Houston Posts:6,170 Points:1,590,240 Joined:Oct 2008	Message Posted: May 2, 2012 9:31:16 AM Ignore slgas Report Abuse I hope they know something about how to run a refinery.
GasholeMI Champion Author Lansing Posts:10,279 Points:1,745,990 Joined:Jul 2008	Message Posted: May 2, 2012 9:31:12 AM Ignore GasholeMI Report Abuse Wise purchase.
gknee09 Champion Author Philadelphia Posts:1,001 Points:844,610 Joined:Jul 2009	Message Posted: May 2, 2012 9:31:01 AM Ignore gknee09 Report Abuse I hope it creates a lot of jobs. So many have been lost due to refineries closing.
2gjh Champion Author North Dakota Posts:3,174 Points:2,447,600 Joined:Nov 2003	Message Posted: May 2, 2012 9:29:38 AM Ignore 2gjh Report Abuse Every Delta flight will now include a stopover in PA.
EXTREMESNOW Champion Author Medford Posts:8,930 Points:1,825,740 Joined:Jul 2006	Message Posted: May 2, 2012 9:29:33 AM Ignore EXTREMESNOW Report Abuse Mabe they can fuel their own planes and lower there prices on flights.
w4kh Champion Author Tennessee Posts:11,806 Points:2,256,560 Joined:May 2004	Message Posted: May 2, 2012 9:29:27 AM Ignore w4kh Report Abuse Potentially a good move for Delta, IF they can run the refinery at a profit...
flyfast Champion Author Kansas City Posts:9,391 Points:1,853,695 Joined:Jan 2008	Message Posted: May 2, 2012 9:29:13 AM Ignore flyfast Report Abuse OK
dlemma Champion Author Wyoming Posts:4,246 Points:1,582,720 Joined:Feb 2008	Message Posted: May 2, 2012 9:27:33 AM Ignore dlemma Report Abuse as long as its private money, that's fine!
QueenMother Champion Author New Hampshire Posts:7,531 Points:2,170,140 Joined:May 2006	Message Posted: May 2, 2012 9:26:34 AM Ignore QueenMother Report Abuse Let's put PA on the map as the place to be at the moment.
1958tomg Champion Author Kansas Posts:2,281 Points:573,040 Joined:Oct 2011	Message Posted: May 2, 2012 9:26:31 AM Ignore 1958tomg Report Abuse Cut out the middle man.
exd121 Champion Author Ottawa Posts:1,908 Points:481,550 Joined:Sep 2010	Message Posted: May 2, 2012 9:26:28 AM Ignore exd121 Report Abuse useless for the cars
Bill100 Champion Author Grand Rapids Posts:41,749 Points:1,190,545 Joined:Jan 2010	Message Posted: May 2, 2012 9:26:25 AM Ignore Bill100 Report Abuse I would if I were in their shoes. Nice to see signs of the economic turn-around.
crimedog150 Rookie Author Charlotte Posts:82 Points:228,095 Joined:Dec 2011	Message Posted: May 2, 2012 9:26:02 AM Ignore crimedog150 Report Abuse Sounds like a good investment, but is it?
greenfog Champion Author Illinois Posts:6,630 Points:1,666,720 Joined:Feb 2008	Message Posted: May 2, 2012 9:25:28 AM Ignore greenfog Report Abuse this will be interesting to watch to see if it actually works, an airline running a refinery?