http://seekingalpha.com/article/115...l-refinery-the-math-doesn-t-work?source=yahoo
During a time when most refiners are reporting good earning numbers as price gain of petroleum products has outpaced stagnant WTI crude prices, Delta reported loss of $63 million at the Trainer refinery in 4Q, and expects more losses of up to $100 million in 1Q 2013. Delta chalked it up to Sandy, the super storm.
During a time when most refiners are reporting good earning numbers as price gain of petroleum products has outpaced stagnant WTI crude prices, Delta reported loss of $63 million at the Trainer refinery in 4Q, and expects more losses of up to $100 million in 1Q 2013. Delta chalked it up to Sandy, the super storm.