Next thing you know the environmentalists, and Democrates will be claiming the oil company shut down the pipeline on purpose to raise prices.
Someone at DU has already said it.
What, didn't you know?
It's all a big rovian plot!
8^)
Well you know the oil companies said that they have been reinvesting in infrastructure with alot of the profits they have been making over the last couple of years. Or have they? Corrosion in the pipeline does take time but shouldn't these lines be inspected at regular intervals? Wouldn't the corrosion have been revealed sooner? I would at least call to see there inspection records to know if they were somewhat negligent in maintenance of the lines. I also think that traders supply scares is getting old and they need a new reason for high price supports. Neither Iran or Venezuela wants to hold back anything from the market now with the price they are getting for a barrel. Just my take.