In the months after Delta Air Lines' purchase of an oil refinery, United Continental Holdings appeared to be exploring the same move, a source says. Reportedly, a member of United's acquisitions department reviewed information about a Texas refinery priced at $100 million, though no visits were made and no offer put forth. "At this time, we believe that the next best use" of the sum "is to continue to pay down debt and invest in our product to de-risk the business and enhance returns over time," the airline said.

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