Coalition against refinery releases economic analysis on proposed refinery

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LAREDO, Texas (KGNS) - A report claims it finds major flaws in the estimations made by Raven Petroleum on the proposed south Texas refinery.

The project has yet to take off but it’s still creating a debate between those opposing the project and its supporters.

The economic analysis made by professor Daniel Pastor from El Paso, debates several of Raven’s claims about the project’s cost, potential job numbers, and the timeline of construction.

Because the project is barely in its preliminary stages, the report does not include if it will cost tax payers money.

Professor Pastor says his findings in the report are based on the public statements made about the project.

The report was prepared on behalf of the South Texans Against The Refinery Coalition.