Tag: pipeline

By on November 6, 2016

pumping fuel

America’s largest gasoline pipeline returned to operational status today after an explosion in Alabama six days ago killed one worker and injured five others.

Following repair delays caused by an interior fire, Colonial Pipeline Company announced that its Line 1 pipeline was restarted early Sunday morning. However, it will take several days for the fuel delivery supply chain to return to normal. The same goes for pump prices.

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By on June 16, 2014

photo2-505x600

Global oil prices are on the rise as the crisis in Iraq contributes to market instability. Large chunks of Iraq’s oil production infrastructure have fallen under militant control, leading to a sharp drop in output. Meanwhile, Canadian officials are upset with the Obama administration’s handling of the Keystone pipeline. They contend that the inaction on Keystone is keeping millions of barrels of Alberta crude from reaching more profitable markets.

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