Originally Posted by
exwannabe
My understanding is that nobody builds new refineries now, they just expand and modernize old ones. NIMBY lives.
As to this plant, it produces a large fraction of kerosine/JF and can deliver direct to NYC airports.Seams like a logical choice.
Not against it if you haven't already noticed. One plant happened to be on the market for a good price and Delta acquired it. Will make air travel better for all involved. It is a win for the airline as well as consumers.
Remember, Delta will have the largest marketshare out of JFK + LGA combined. With all that marketshare will need more jetfuel to service the area. and supposedly they will be upgrading the plant to maximize jetfuel production even though it will still produce other fuels which will be traded for jetfuel.
Allegedly . Carlyle Group is considering buying into Sunoco's Philadelphia refinery.