Sunday, January 9, 2011

Pipe Dream

In other news, the Trans-Alaskan oil pipeline has a leak somewhere.

Only a fraction of the oil that normally courses through the Trans Alaska pipeline was flowing early Sunday after operators discovered a leak near Prudhoe Bay, a company spokeswoman said.

Crews making a routine inspection "found oil in the basement of a booster pump building" around 9 a.m. Saturday, according to Aleyeska Pipeline Service. Company spokeswoman Michelle Egan, who said flow has been reduced by 95%.

On a typical day, 642,261 barrels of oil would pass through the pipeline.

"Crews are currently onsite to assess the situation and isolate the source of the leak," a company statement said..

Well that's good, I suppose.  If it's leaking in building perhaps it can be cleaned up, and maybe it won't get into the water table near there.   Still, could be hundreds of thousands of barrels worth of mess.  We'll see.

2 comments:

  1. Well, to be fair, a leak on land is than in the ocean, but I don't think this is something the oil industry likes to hear about right now.

    ReplyDelete
  2. Visit www.ranalysts.com for all your financial information need, such as historical and daily stock gainer/loser, historical and daily upgrades/downgrades, price target, job openings, etc

    ReplyDelete