Originally Posted by Margaritaville

The value of the refinery is that it floods the Northeast with jet fuel and thus drives down the price. They run the refinery at a loss and still come out ahead. Bold move Cotton.

Here's an article from 2016 but still a good read.

https://www.reuters.com/article/us-d...-idUSKCN10E0EZ

"Warmann’s memo said the strategy cost the refinery about $30 million in the second quarter, which left it with a $10 million loss for the period, but he said it saved Delta about $100 million."