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>> PHILLIPS 66 Latest News

7 HOURS AGO - Business Insider

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How Delta Bought A Refinery And Wound Up Saving Its Rivals A Ton Of Cash

For airlines, the biggest cost of doing business isn't multi-million dollar planes — it's jet fuel. Air carriers deal with this in different ways, but Delta Airlines took the unprecedented step of spending $150 million for an oil refinery.  Delta made the acquisition in April of 2012 through subsidiary Monroe Energy. Since then, the Pennsylvania refinery has expanded production of jet fuel to supply ...

Tags: How Delta Bought A Refinery And Wound Up Saving Its Rivals A Ton Of Cash,  Phillips 66 Latest News

8 HOURS AGO - Business Insider

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How Delta Bought A Refinery And Wound Up Saving American and United A Ton Of Cash

For airlines, the biggest cost of doing business isn't multi-million dollar planes — it's jet fuel. Air carriers deal with this in different ways, but Delta Airlines took the unprecedented step of spending $150 million for an oil refinery.  Delta made the acquisition in April of 2012. Since then, the Delaware refinery has focused almost exclusively on supplying fuel for Delta's operations ...

Tags: How Delta Bought A Refinery And Wound Up Saving American and United A Ton Of Cash,  Phillips 66 Latest News

AUG 23, 2014 - TheStreet

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Why Valero Energy Is a Stock Worth Remembering

NEW YORK (TheStreet) -- Changing market conditions that could affect profitability have made many investors wary of refining stocks. This is particularly true for Valero Energy , the biggest independent player in the industry. Theanarrowing spread between the price of Brent and West Texas Intermediary crude has also helped push Valero shares down, by 5.9% in the last two months. ...

Tags: Why Valero Energy Is a Stock Worth Remembering,  Phillips 66 Latest News

AUG 15, 2014 - Zero Hedge

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Frontrunning: August 15

Barack Obama's 'vacation from hell' (Politico) Russian aid convoy checked; military vehicles mass near Ukraine (Reuters) Ukraine Says APCs Entered From Russia to Aid Insurgents (BBG) Islamic State Said to Challenge Al-Qaeda for Leadership (BBG) Missouri protests calmer after governor puts black police captain in charge (Reuters) Finally someone will prove the US is a pyramid scheme (in a 1000 ...

Tags: Frontrunning: August 15,  Phillips 66 Latest News