Oklahoma refinery back on market

The Wynnewood refinery is for sale again, only about six months after it was acquired by Texas-based CVR Energy Inc.
by Jay F. Marks Published: June 2, 2012
Advertisement
;

The Wynnewood refinery can handle up to 70,000 barrels of crude a day, turning it into gasoline, diesel fuel, military jet fuel, solvents and asphalt.

Badgley said the refinery is outside Wynnewood's city limits, but it does purchase water from the city.

She said it remains an important part of the community.

“We still want it here. It's just a part of our lives,” Badgley said. “It always has been.”

Badgley said her son and her niece work at the refinery, but neither seems too concerned about it being for sale again.

CVR Energy acquired the Wynnewood refinery in December with its $525 million purchase of Gary-Williams Energy Corp. The Texas-based company also owns another refinery in Coffeyville, Kan., with a marketing network and gathering system that serves five states.

Denver-based Gary-Williams Energy bought the refinery in 1995 from Kerr-McGee Corp., which had owned it since 1945.


by Jay F. Marks
Energy Reporter
Jay F. Marks has been covering Oklahoma news since graduating from Oklahoma State University in 1996. He worked in Sulphur and Enid before joining The Oklahoman in 2005. Marks has been covering the energy industry since 2009.
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Report: Caron Butler close to two-year deal with Detroit Pistons
  2. 2
    It’s harder to be a poor student in the U.S. than in Russia
  3. 3
    Man fatally stabbed in west Tulsa early Sunday
  4. 4
    How brain imaging can be used to predict the stock market
  5. 5
    Bridenstine tours Fort Sill, satisfied with facility's transparency
+ show more