• 30 mins Bidding Action Heats Up In UK’s Continental Shelf
  • 6 hours Keystone Pipeline Restart Still Unknown
  • 10 hours UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 12 hours Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 14 hours Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 15 hours German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 17 hours Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 18 hours Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 1 day Oil Prices Rise After API Reports Major Crude Draw
  • 2 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 2 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 2 days Statoil Looks To Lighter Oil To Boost Profitability
  • 2 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 2 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 2 days Whitefish Energy Suspends Work In Puerto Rico
  • 2 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 2 days Thanksgiving Gas Prices At 3-Year High
  • 2 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 2 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 3 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 3 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 3 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 3 days ConocoPhillips Sets Price Ceiling For New Projects
  • 5 days Shell Oil Trading Head Steps Down After 29 Years
  • 5 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 5 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 6 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 6 days Venezuela Officially In Default
  • 6 days Iran Prepares To Export LNG To Boost Trade Relations
  • 6 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 6 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 6 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 6 days Rosneft Announces Completion Of World’s Longest Well
  • 7 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 7 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 7 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 7 days Santos Admits It Rejected $7.2B Takeover Bid
  • 7 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 7 days Africa’s Richest Woman Fired From Sonangol
  • 7 days Oil And Gas M&A Deal Appetite Highest Since 2013
Is The LNG Glut Real?

Is The LNG Glut Real?

LNG prices have fallen significantly…

Is U.S. Energy Independence Realistic?

Is U.S. Energy Independence Realistic?

The recent IEA report shocked…

Exxon Mobil Oil Spill Turns Residential Roads into Rivers of Oil

Exxon Mobil Oil Spill Turns Residential Roads into Rivers of Oil

On Friday afternoon a pipe in Exxon Mobil’s Pegasus pipeline, which carries more than 3.7 million gallons of crude oil a day between Illinois and Texas, burst in the town of Mayflower, Arkansas.

Residents were evacuated from 22 homes as thousands of barrels worth of heavy Canadian crude oil flowed through back yards, and along the roads in a residential neighborhood. The Environmental Protection Agency has called it a ‘major oil spill’.

Joe Bradley, one of the evacuated residents, described a scene where oil was “running down the road like a river.” Officials have not been able to confirm when the area will be safe enough for people to return to their houses.

Representative Ed Markey of Massachusetts said to Reuters: “whether it's the proposed Keystone XL pipeline, or ... the mess in Arkansas, Americans are realizing that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers and for our environment.”

Relative article: Pipelines Can't Handle North American Oil Boom

The spill comes just days after a train accident in Minnesota saw 15,000 gallons of oil spilled.

Exxon has estimated that a total of 80,000 gallons escaped during the 45 minutes that it took for the leak to be detected and then stopped.

We recently interviewed the CEO of Synodon – a pipeline leak detection company. You can see the full interview here: Can Leak Detection End the Pipeline Impasse? Interview with Adrian Banica


By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News