Cushing competing with site in Texas to land a $5.56 billion refinery

CUSHING, Okla. (KOKH) — Cushing is competing with a site in Victoria County, Texas to be chosen as the location of a $5.56 billion refinery.

Prairie Energy Partners is working to finalize the location of the facility, which would create 1,200 temporary jobs during construction and 423 permanent jobs.

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Construction is expected to begin at the chosen location in 2023 with commercial operations beginning in 2025.

Officials estimate the facility will help its local community with an estimated $3 billion economic impact during the construction period and $150 million annually thereafter.

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