Although the majority of the…
Oil prices bounced back after…
It was two weeks ago that Exxon Mobil’s (NYSE: XOM) Pegasus pipeline ruptured, spilling hundreds of thousands of gallons of oil into the town of Mayflower, Arkansas, and I think it is about time that someone called it what it is … a grade A f**k-up!
Contaminated water has leaked into Lake Conway, local residents have fallen ill from the toxic fumes, lawsuits have been filed, a severe thunderstorm in the area caused complications with the clean-up efforts, and to top this off, in an attempt to keep all of this quiet Exxon Mobil has tried to intimidate the local media and block coverage.
The latest detail that has intrigued the media is the revelation that the break in the pipe was 22 feet long, not a small, innocent, rupture then. A 22 foot rupture suggests a huge amount of pressure within the pipe, which then raises new questions about the cause of the spill.
Related article: Exxon Oil Spill in Arkansas, Keystone Spoiler?
Attorney General McDaniel told Rachel Maddow of MSNBC; “I think when people found out that there was a rupture and there was a 65-year-old pipeline, I think that almost everybody assumed that there was some small crack due to age. The rupture was 22 feet long. Twenty-two feet is not something one would think would happen gradually. So now we’re starting to ask all new questions.”
By. Joao Peixe of Oilprice.com
Joao is a writer for Oilprice.com