Thursday, October 11, 2012

Refinery News

In an attempt to encourage new refinery construction, an energy committee of the North Dakota legislature reportedly has endorsed a proposal to offer tax breaks for oil that's processed in the state. The idea will be considered when lawmakers convene again in January. Read more

Meanwhile, U.S. Secretary of the Interior Ken Salazar announced in New Town yesterday that the government has approved the construction of a new refinery on the Fort Berthold Reservation. Funding for the facility, which would process approximately 13,000 barrels per day, has not yet been finalized. Read more 

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