Refinery Could Be For Sale

Saturday, May 3rd 2008, 9:34 pm
By: News On 6

With gasoline prices at records highs, a Tulsa refinery has become prime real estate. The Sunoco Refinery on South Union could go up for sale.

Sunoco leaders say they'll likely decide whether to sell sometime this summer.

According to a report from the secretary of energy's office, the refinery contributes $50 million to the local economy.

The plant near 17th and Union can process 85,000 barrels of oil a day and employs nearly 400 people.

Sunoco leaders are trying to determine the plant's value.