Last year, we prepared a study of the economic impact of the state’s petroleum refineries. These impacts can be expressed in terms of the hypothetical Washington refinery producing 160,000 barrels of product a day. In 2011, such a refinery would have provided 552 jobs, and its workers would have received $66.4 million in wages and salaries and $23.6 million in benefits. In addition to the direct jobs and income, the refinery would have generated 6,747 additional jobs and $389.9 million additional personal income elsewhere in the state’s economy. The refinery itself would have paid $72.6 million in state and local taxes. In addition to these direct taxes, the indirect and induced activities generated by the refinery would have generated $4.2 million in sales, use and B&O tax revenue.

The study can be downloaded through this link.