The plant’s manager told employees last year that refinery losses were offset by savings for the airline in jet fuel prices, saying the company was going to continue to maximize jet fuel production in the New York market to keep pressure on prices.
“This negatively impacts our refinery economics, but greatly helps reduce Delta’s fuel cost,” refinery manager Jeff Warmann wrote then.
Only the bean counters know the real story. But the quote above makes my argument correct. But there are also quotes that break it down. Time will tell. How much it’s reduced the crack spread I think is the key. How much? Ask the bean counters.