Delta Air Lines Inc., the only major U.S. carrier that owns a refinery, is trying to buy cheaper domestic Bakken crude oil to boost savings on making jet fuel.
Bakken crude can be purchased at a price similar to or lower than West Texas Intermediate, President Ed Bastian said today at a Deutsche Bank AG Aviation & Transportation Conference in New York. Delta’s refinery in suburban Philadelphia now is supplied with more expensive imported crude from BP Plc.
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