Do you see the ever climbing gas prices and think holy crap it is going to take a fortune to fill my car. I know I do. I have a near coronary every time I drive by the local gas station and constantly look at my gauge to see if I can wait another day in the hope the price might drop a teensy bit. I also know that I occasionally daydream what it would be like to have purchased a thousand gallons of gas at a buck a gallon just four years ago. I’d have probably burnt through it by now, but that wasn’t really point. The desire is really just to be able to stop taking it in the shorts on gas prices and had I a reserve of gasoline to pull from it would have been no problem to avoid.
It doesn’t matter whether you believe government to be the problem driving gas prices with insane taxes; the oil companies raking in massive profits, or even the speculators fluctuating prices all over the place in their desire to make a buck. The fact of the matter is gas prices are hurting everyone. Gas prices especially hurt any kind of transport, people or goods. This is especially true for long haul truckers and airlines. Well Delta airlines has found a way around it and landed firmly in my fantasies. No, not those fantasies you sick freaks. Nasty. No I am talking about the gas fantasy, from earlier, remember, in the first paragraph. Yeah, that one. That got dark for a minute there, anyways back to the plight of Delta’s gas woes.
Delta airlines went and bought themselves an entire refinery so they can go into gas production for themselves. This doesn’t make Delta an oil giant but it does put them in a unique position. Delta can cut the middle man out of the refinery process leaving them a little room on the price. Since they also own the refinery and will consume the gas it produces they in all likely hood will not have to pay the gas tax since they aren’t selling it. Delta estimates the savings per year to be around 300 million dollars. Additionally they have the option to sell an excess. Ultimately saving on gas means Delta will be able to charge less than their competitors. Charging less will get them more business and more business will lead to more flights and because they are still producing their own gas they will continue to reap profits and not pour them back into buying gas to fly. They’re geniuses I tell ya. If only I could find a way to make that same model work for me at home I’d be set.