 Houston Chronicle |
COLUMN-A refinery: a terrible oil price hedge-Campbell
Reuters For one thing an oil refinery, much like an airline, is structurally short oil prices. Buying a refinery will actually increase Delta's oil price exposure. After all, a refinery has to go out into the market and buy crude with the hope of recovering … Crude or Refined? Delta's Fuel GambitWall Street Journal Delta Named As Possible Bidder For Oil RefineryThe Leading Aviation Industry Resource for News, Equipment and |