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Delta Airlines Buys Oil Refinery to Control Fuel Prices

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Delta Airlines has agreed to buy a refinery from oil giant ConocoPhillips in an effort to reduce its $300 million-a-year jet fuel bill. The airline announced Tuesday that its subsidiary Monroe Energy will buy a Phillips 66 refinery near Philadelphia for $150 million. Under the deal, the airline will receive $30 million in state funds […]

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