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Examples
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Well, if that happens, or if anyone can make a case for an extended shutdown, we'll see $100-a-barrel oil faster than you can say "Alyeska" -- the oil market looks poised to overplay news even as apparently innocuous as this ... just "another" problem on a 33-year-old pipeline that continues to disintegrate over time.
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Exxon was BP's partner in Alaska's Prudhoe Bay oilfield, the nation's largest, and shared in the ownership of the trans-Alaska pipeline system, known as Alyeska and headed then by a BP executive who was on loan to the pipeline company.
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Exxon was BP's partner in Alaska's Prudhoe Bay oilfield, the nation's largest, and shared in the ownership of the trans - Alaska pipeline system, known as Alyeska and headed then by a BP executive who was on loan to the pipeline company.
Climate Ark Climate Change & Global Warming RSS Newsfeed 2010
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Alyeska said that as of mid-day Thursday, the pipeline was carrying about 320,000 barrels a day.
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Alyeska said it would again shut down the pipeline from Friday night through the weekend as repair crews begin installing a new piece of pipe to replace the damaged section near Deadhorse, Alaska.
Crude Settles Above $91 Dan Strumpf 2011
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Alyeska received approval from state and federal regulators to restart the pipeline even though a bypass pipe to circumvent the leak was days away from being installed.
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Alyeska decided a bypass pipe would be the quickest fix because the damaged pipe is encased in concrete.
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Alyeska says crews have recovered more than 7,800 gallons of oil from the pump station since the incident began.
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Alyeska received approval from state and federal regulators to restart the pipeline even though a bypass pipe to circumvent the leak was days away from being installed.
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Alyeska decided a bypass pipe would be the quickest fix because the damaged pipe is encased in concrete.
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