American Refining Group Pumps Millions into Local Economy

Everyday on the air, we tell our listeners the price American Refining Group pays for a barrel of Penn Grade crude oil. During Wednesday night's Bradford Area Chamber of Commerce Dinner, ARG Chief Operating Officer Harvey Golubock said the refinery buys 3 million barrels of crude a year – two-thirds of it from local people. He says "three million barrels of crude a year at 100 dollars a barrel – That's 300 million dollars – almost a million dollars a day in purchases we make – two-third of which happens locally." The other one-third is shipped in from Ohio.

ARG received the chamber's Large Business of the Year Award. The Grocery Stretcher is the Small Business of the Year. Julie Marasco of Northwest Savings Bank is the Business Person of the Year.