Delta’s Trainer refinery profits on lower RFS costs
- Date: 14-Jan-2022
- Source: Argus Media
- Sector:Financial Markets
- Country:Gulf
Delta’s Trainer refinery profits on lower RFS costs
Houston, 13 January (Argus) — Delta Air Lines' 185,000 b/d Trainer Refinery in Pennsylvania operated at a profit for the second consecutive quarter as lower renewable fuel blending compliance costs supported refining operations.
Production at the company's refinery 10 miles southwest of Philadelphia yielded a 24¢/USG benefit on jet fuel costs in the fourth quarter, compared to a 21¢/USG loss in the fourth quarter of 2020 and a 3¢/USG benefit in the fourth quarter of 2019.
The refinery executed $1.04bn in sales of non-jet fuel products in the fourth quarter 2021, compared to $441mn in the fourth quarter of 2020 and $2mn in the fourth quarter of 2019.
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