Alltop, all the top stories

Alaskan Pipeline in the News Again (and not in a good way)

Today is the third day of the shutdown of the trans-Alaskan pipeline. (Think shipping 12 % of the US crude output.)

BP in the hot seat again. It is a leak in the northern end of the Prudhoe Bay pipeline.

The pipeline is 33 yrs. old and some are saying BP and others are not putting enough $$ into maintenance. The old gray mare just ain’t what she used to be. On the other hand there are always work-arounds.

On the grand scale, this is just a hiccup. Should not affect oil prices a whole bunch.

Leave a Reply


Reload Image