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High airline jet fuel costs prompt cost-saving measures

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TODAY IN ENERGY: Wednesday, June 13, 2012

High airline jet fuel costs prompt cost-saving measures

Jet fuel represented 30% of a typical U.S. airline's operating expense in the third quarter of 2011. Since the beginning of 2009, jet fuel expenditures have been generally rising; in an effort to save on its fuel costs, Delta Air Lines has announced plans to purchase the Phillips 66 Trainer refinery located near Philadelphia, Pennsylvania

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