Airlines, unsurprisingly, are some of the companies hit hardest by sudden spikes in oil prices. But Georgia’s own Delta Airlines is better suited than any other competitor to navigate those turbulent winds by virtue of owning its own oil refinery in Pennsylvania. The refinery generated about $5 billion in revenue last year and is optimized for jet fuel, which is particularly finnicky because it’s not often held in surplus. Operational hedges like this one can be tricky to manage, but with so much uncertainty in the Middle East this one has Delta RISING…
Atlanta Beltline light rail back on the menu?
Many Atlantans were dismayed when Mayor Andre Dickens seemingly tabled the idea of light rail along the Atlanta Beltline, the city’s wildly popular and successful pedestrian path. After all, light rail was a core part of the loop’s original vision, meant to connect the city all around its (eventual) 22-mile loop. But now the Atlanta City Council is pushing back, with 11 councilmembers, led by Atlanta City Councilwoman Kelsea Bond signing onto a resolution signaling support for the idea. Expect fierce resistance and debate, but the push has pro-transit advocates RISING…
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