Two Million Barrel per day Pipeline Shuts Down

As peak heating season begins in the Northeast United States a pipeline fire and explosion in Clearbrook, Minnesota has suddenly removed two million barrels per day of supply into the United States. At 42 gallons per barrel, this nearly eight million gallon per day shortfall is certain to raise prices on both gasoline and heating oil, and cause supply shortages at a critical time.

NEW YORK (Reuters) – A fire and explosion in Minnesota on Wednesday forced Enbridge to shut most of the main pipeline that supplies Canadian crude to Midwest refineries, halting nearly a fifth of U.S. imports and sending prices up $1.Calgary, Alberta-based Enbridge Inc (ENB.TO) said all its lines in the vicinity of its Clearbrook, Minnesota, terminal — Lines 1, 2, 3, and 4 — were immediately shut down and isolated. Source

Middle East oil tics could not be reached for comment.


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