Monday, April 28, 2025

Colonial Pipeline shutdown and looming Line 5 disruption could result in price bump at the pump

A cyberattack that knocked out the main oil pipeline supplying the U.S. Eastern Seaboard and the potential shutdown of a major Canadian conduit could send fuel prices soaring, the Financial Post reports  The outage on the Colonial Pipeline could be exacerbated by a Michigan state order forcing Enbridge Inc.’s Line 5 pipeline — supplying oil to Michigan, Ohio, Ontario and Pennsylvania refineries — to shut down on Wednesday, which could further strain U.S. oil supply. Calgary-based Enbridge has vowed to defy the order and continue shipping oil through the line until forced to close by a court.

 

https://financialpost.com/commodities/energy/two-potential-shutdowns-of-major-fuel-pipelines-this-week-show-fragility-of-north-americas-energy-system

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

Blast at Iranian port kills 28 and injures 800

(BBC News) At least 28 people have been killed and 800 injured in a massive explosion at one of Iran's key ports, authorities say. The...

Suspect in custody after vehicle attack kills at least nine at Vancouver festival

(Al Jazeera Media Network) Police in Canada have ruled out “terrorism” as a motive for a deadly car ramming at a street festival in...