Thursday, June 5, 2008

New Refinery in South Dakota?

Voters in Union County on Tuesday approved rezoning for what would be the first new U.S. oil refinery in more than 30 years...

Company executives said it would help the United States reduce its dependence on overseas oil. The refinery would process 400,000 barrels of thick Canadian crude a day...

Supporters cited economic development benefits from the refinery. Hyperion officials said the project would mean 1,800 permanent jobs and another 4,500 construction jobs over a four-year period.

Hyperion called it a "green refinery" and said it would produce ultra-low sulfur gasoline and diesel and be among the cleanest and most environmentally friendly in the world...

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