Breakthrough? First U.S. Oil Refinery in 30 Years?
ELK POINT, S.D. — Voters in Union County on Tuesday approved rezoning for what would be the first new U.S. oil refinery in more than 30 years.
Texas-based Hyperion Resources 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. 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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