The town was the site of an oil refinery from the early 1920s until it was closed in 1984. During that time, the refinery was operated by Anderson-Prichard Refining, APCO, and later Oklahoma Refining. It was the major economic driver for the town, employing 160 people at the time of closure. An unsuccessful attempt was made in the early 1990s to restart part of the refinery. As of 2010, the refinery had been demolished and the site was a Superfund environmental cleanup site.