Alaska Pipeline Closed –

The Alaska pipeline remained closed for a second day due to a leak.  The leak is located near the beginning of the pipeline in Prudhoe Bay but an exact location is not yet known.  A timetable for opening the pipeline has not been provided and crude prices have risen 1.7% in electronic trading.  Production associated with the pipeline accounts for 630,000 barrels per day.

To read a related Reuters article, please click here:

http://www.reuters.com/article/idUSTRE7080H820110110

James Sutliff

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