05052016Thu
Last updateThu, 05 May 2016 2pm

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Study: New Refinery Should Make Diesel, Not Gas

A new North Dakota oil refinery would have a better chance of success if it was small and produced diesel fuel instead of gasoline, according to a consulting group's preliminary analysis.

Kurt Swenson, a vice president for the Corval Group, said a refinery would cost between $650 million and $700 million to build, depending on whether it was designed to process 20,000 or 34,000 barrels of oil daily.

Source: AP

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