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progressoid

(53,316 posts)
2. Cost. 230 Million Dollars.
Fri Jan 24, 2014, 11:58 AM
Jan 2014
No new oil refinery has been built in the U.S. in more than 35 years. Now there are two in the works. A 20,000-barrel a day refinery in North Dakota is already under construction and on Monday a second was announced.

Houston-based Rock River Resources says it will build a 10,000-barrel a day refinery and rail terminal in Green River, Utah, at a cost of $230 million. Rock River expects to break ground on the project this year and to be operating the rail terminal by next year. The refinery is expected to be operational by mid-2015 and a wax plant that can process the black waxy crudes of eastern Utah into paraffin and lube oils is scheduled for completion by mid-2016.


http://247wallst.com/commodities-metals/2013/09/25/new-u-s-oil-refinery-proposed/

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