New Refinery Planned for Devils Lake - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

New Refinery Planned for Devils Lake

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Yet another refinery will be built in North Dakota.


     The C-E-O of American Energy Holdings says Devils Lake is the perfect spot, since it's close to railroads and highways.


     THE refinery will convert crude oil from the Bakken to diesel and kerosene and produce 20 thousand barrels a day.


"That is some of the best stuff that's come out of the ground in 100 years. Another good reason to put a refinery in north Dakota is that crude is easy to refine. And the first two products to come off of it are diesel and kerosene which can be converted to aviation fuel," says Will Stone, CEO of American Energy Holdings.

Stone says the company will break ground after the spring thaw and try to be finished in 2015.

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