8-K

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                  SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 20549

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                               Form 8-K
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                            CURRENT REPORT
                  PURSUANT TO SECTION 13 OR 15(d) OF
                  THE SECURITIES EXCHANGE ACT OF 1934

  Date of Report (Date of earliest event reported): December 15, 2005

                        GIANT INDUSTRIES, INC.
      (Exact name of registrant as specified in its charter)


         Delaware                 1-10398             86-0642718
(State of jurisdiction of    (Commission File)      (IRS Employer
      incorporation)              Number)         Identification No.


     23733 North Scottsdale Road
          Scottsdale, Arizona                         85255
(Address of principal executive offices)            (Zip Code)


           Registrant's telephone number, including area code
                            (480) 585-8888

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))

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ITEM 8.01	OTHER EVENTS

     On December 15, 2005, Giant issued a press release providing an update
on the status of Giant's Yorktown refinery.  A copy of the press release is
attached hereto as Exhibit 99.1 and is incorporated herein by reference.

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS.

     (c)  Exhibits.

          99.1   Press Release, dated December 15, 2005.



                            SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.



                        By: /s/ MARK B. COX
                           -------------------------------------------
                           Mark B. Cox
                           Executive Vice President and Chief
                           Financial Officer (Principal Financial Officer)

Date: December 20, 2005



                          INDEX TO EXHIBITS


Exhibit
Number     Description
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  99.1     Press Release of Giant Industries, Inc. dated December 15, 2005

EX-99

                                                             EXHIBIT 99.1
GIANT INDUSTRIES, INC.
NEWS RELEASE

Contact: Mark B. Cox
         Executive Vice President, Treasurer, & Chief Financial Officer
         Giant Industries, Inc.
         (480) 585-8888

FOR IMMEDIATE RELEASE

December 15, 2005

                       UPDATE ON GIANT'S YORKTOWN REFINERY

Scottsdale, Arizona, December 15, 2005 - Giant Industries, Inc. [NYSE: GI]
announced today that the fire at its Yorktown refinery, which occurred on
November 25, 2005, primarily damaged the gas plant that supports the Fluid
Catalytic Cracker.  Some piping and instrumentation cables for other
operating units in the refinery were also damaged by the fire. All of the
units at the refinery have been shut down since the date of the fire to
assess the scope of the work required to return the refinery to safe and
efficient operations.

It has now been determined that the refinery will be brought back to
operation in two stages. It is currently anticipated that certain units,
including the crude unit, will return to operation on or about January 15,
2006. The gas plant and the Fluid Catalytic Cracker are currently targeted
to return to operation on or about March 30, 2006. In the interim period,
it is anticipated that the refinery will operate at approximately 40,000
barrels per day. Giant has property insurance coverage with a $1.0 million
deductible that should cover a significant portion of the repair costs and
also has business interruption insurance coverage for the financial impact
after the forty-five day waiting period under that policy is exceeded.

Giant's Chairman and CEO, Fred Holliger commented, "Anytime something like
this occurs in a refinery it is a very serious matter for our employees,
our shareholders and the local community. We are very pleased that no one
was injured, and we are thankful for the timely response of both our fire
brigade and the local fire departments."

Holliger continued, "Originally we had planned a thirty-day turnaround of
the Fluid Catalytic Cracker in April 2006. We have decided to perform the
turnaround now while the unit is not operating and eliminate the need for
the scheduled turnaround in April.  During the downtime, we are also going
to complete a high return project, with an anticipated cost of $7.0
million, on the Fluid Catalytic Cracker that should increase our yield of
higher value finished products."

The Yorktown refinery has a crude oil throughput capacity of 62,000
barrels per day. The refinery is located in Yorktown, Virginia.

Giant Industries, Inc., headquartered in Scottsdale, Arizona, is a refiner
and marketer of petroleum products. Giant owns and operates one Virginia
and two New Mexico crude oil refineries, a crude oil gathering pipeline
system based in Farmington, New Mexico, which services the New Mexico
refineries, finished products distribution terminals in Albuquerque, New
Mexico and Flagstaff, Arizona, a fleet of crude oil and finished product
truck transports, and a chain of retail service station/convenience stores
in New Mexico, Colorado, and Arizona. Giant is also the parent Company of
Phoenix Fuel Co., Inc. and Dial Oil Co., both of which are wholesale
petroleum products distributors.

This press release contains forward-looking statements that involve known
and unknown risks and uncertainties.  Forward-looking statements are
identified by words or phrases such as "believes," "expects,"
"anticipates," "estimates," "should," "could," "plans," "intends," "may,"
"project," "predict," "will," variations of such words and phrases, and
other similar expressions.  Although we believe the assumptions upon which
these forward-looking statements are based are reasonable, any of these
assumptions could prove to be inaccurate, and the forward-looking
statements based on these assumptions could be incorrect.  While these
forward-looking statements are made in good faith, and reflect the
Company's current judgment regarding such matters, actual results could
vary materially from the forward-looking statements.  Important factors
that could cause actual results to differ from forward-looking statements
include, but are not limited to:  the risk that damage to refinery units
other than the gas plant that supports the Fluid Catalytic Cracker could
be more serious than we believe; the risk that the repairs to the refinery
could take longer or cost more than we expect; the risk that insurance
coverage will not be available as we expect; the risk that the refinery
will not be able to operate at 40,000 barrels per day in the interim
period; the risk that additional turnaround time will be required in 2006;
and other risks detailed from time to time in the Company's filings with
the Securities and Exchange Commission.  All subsequent written and oral
forward-looking statements attributable to the Company, or persons acting
on behalf of the Company, are expressly qualified in their entirety by the
foregoing.  Forward-looking statements made by the Company represent its
judgment on the dates such statements are made.  The Company assumes no
obligation to update any forward-looking statements to reflect new or
changed events or circumstances.