Union County residents voted 58 percent to 42 percent Tuesday to endorse the rezoning of almost 3,300 acres of pristine farm land north of Elk Point for the oil refinery. Texas-based Hyperion Resources requested the rezoning for the $10 billion refinery, billed as a potential step toward national energy independence.
It will process 400,000 barrels of oil per day (mostly from Canada’s oilsands) and will likely be in operation in 2013.
North Dakota reported 5700 more barrels of oil per day in March, 2008 MArch production was 143738 bopd versus February 138013 bopd.
Previous coverage of North Dakota’s Bakken Oil