Pipeline leak in Alabama causes pump pain across Southeast
ALBANY, GA — Albany motorists awoke Friday to discover the price of a gallon of regular gasoline had jumped by as much as 18 percent. The spike in prices was due to a pipeline leak in Alabama that halted the flow of fuel from the Gulf Coast to the Atlantic Seaboard.
The Colonial Pipeline, which supplies fuel for much of the East Coast and runs from Texas to New Jersey, has been partially closed since a leak was discovered in Helena, Ala. Before the leak was discovered, more than 6,000 barrels of gas (equaling 250,000 gallons) had spilled into the environment.
The company originally anticipated having the pipeline reopened by this weekend, but bad weather has delayed the fix. The partial closure has caused tighter supply for some Southeast and Mid-Atlantic states.
According to AAA, the Southeast has a fairly healthy supply of crude and gasoline inventories, but the market relies on just-in-time inventory and could be disrupted by an extended partial closure of the pipeline. States that could be directly impacted by tighter supplies and slightly higher prices include Alabama, Mississippi, Tennessee, Georgia, South Carolina, North Carolina and Virginia.
Read more: http://www.albanyherald.com/news/local/pipeline-leak-in-alabama-causes-pump-pain-across-southeast/article_7ea097ea-9fb0-5364-bdaf-28931650db59.html
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