BP Alaska Pipeline Shutdown due to Oil Spilling out of it

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Oct 10, 2009
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BP Alaska Pipeline has just been Shutdown due to Oil Spilling out of it. Get ready for oil prices to reverse their decline & turn up sharply.

Alaska oil pipeline shut after spill
The Trans-Alaska Pipeline, partly owned by BP, shut down on Tuesday after spilling several thousand barrels of crude oil, drastically cutting supply out of Alaska's oilfields.

The accident comes at a difficult time for BP -- the largest single owner of the pipeline operator, holding 47% -- as it struggles to plug a gushing Gulf of Mexico oil well.

The shutdown followed a series of mishaps that resulted from a scheduled fire-command system test at Pump Station 9, about 161 km south of Fairbanks, said Alyeska Pipeline Service Co, the operator of the 800-mile oil line.

The power outage triggered opening of relief valves, causing an unspecified volume of crude oil to overflow a storage tank into a secondary containment.
 
Its our aging oil infrastructure! We need to rebuild it with modern technology. Think of all the jobs it would create!
 
Its our aging oil infrastructure! We need to rebuild it with modern technology. Think of all the jobs it would create!

Along with our aging transportation system, our aging electrical system, and our aging political process. The military has plenty of funds though. That's the important thing I suppose. Perhaps the military should take over the industry here as well as overseas.
 

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