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.
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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