Finally! A new refinery

It's been a long time coming but it looks like we may get our first new oil refinery in over 30 years. By a margin of 58% to 42% the voters in Union County, S.D. have approved the re-zoning of 3292 acres for a new oil refinery. Hyperion Energy has promised billions of dollars in capital investment and thousands of high paying jobs. The construction of the refinery will require 4500 jobs over a four year period and when the plant is in operation it will provide over 1800 full time jobs at a pay scale of $20-$30 dollars per hour.The Sioux City Journal has the story here:ELK POINT, S.D. -- Flashing a smile, Joyce Bortscheller briefly hugged Hyperion Energy Center executive Preston Phillips as she greeted him in the backyard of her home here.Bortscheller, president of the Elk Point City Council, had invited about 250 supporters to an outdoor barbecue Tuesday to await the returns for arguably the most important election in Union County's history. The big crowd didn't leave...(Read Full Post)