Delta Buys Oil Refinery but Travelers Still Pay High Prices

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Rob Lovitt
May 2, 2012

Delta Airlines buys up an oil refinery outside Philly.

With the average price of gasoline hovering at around $3.80 per gallon nationwide, you could be forgiven for thinking that owning a gas station might net you some pretty good perks.

Apparently, executives at Delta Air Lines are having similar thoughts. On Monday, the carrier announced it had purchased an oil refinery just outside Philadelphia in an effort to better control its fuel costs.

Alas, for those hoping that will translate into lower ticket prices, the short answer is you
probably stand a better chance of getting a
break at the town pump than at the airport.

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This article was posted: Wednesday, May 2, 2012 at 1:00 pm Videos:

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