Originally Posted by
georgetg
There is no revenue increase. It's a spending decrease on fuel. A way to reduce the adverse financial impact of volatile fuel prices.
If I were RA, I'd go one step further and look at non-petroleum fuel, but that's an even bigger risk/reward type proposition, especially considering the potential for profiting of the European ETS...
Cheers
George
George, there is a revenue increase. DAL would have to sell the fuel on the open market. There is no way they will send it only to their fuel farms. There is a profit from that.
If you do want to look at it that way though, it is about a 2.2 billion a year savings in fuel costs by zeroing out the markup we pay elsewhere. This factory would produce about 2.8 bln gallons of gas a year.