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October 25, 2014

Delta Air Lines considers buying North Dakota oil

The Atlanta-based carrier is looking into using crude oil from western North Dakota to supply its new refinery in Pennsylvania, the Associated Press reports.

Delta Air Lines bought the refinery near Philadelphia from Phillips 66 for $150 million in May with hopes of cutting fuel costs by making its own jet fuel.

Despite rising fuel costs, the Atlanta Business Chronicle reports the carrier expects a “solidly profitable” third quarter.

Delta employs roughly 9,000 people in the Twin Cities metro and is the dominate airline at Minneapolis-St. Paul International Airport.

North Dakota crude oil production has surged in the last few years. Texas is the only state to produce more.