3 ms·
The cost of shutting down this pipeline for a week is a lot more than 5 million. At 3 million barrels per day going through it, in 6 days that's 18 million barr
by grumple 5y ago
The cost of shutting down this pipeline for a week is a lot more than 5 million. At 3 million barrels per day going through it, in 6 days that's 18 million barrels. At $65/barrel that's 195 million worth of oil that didn't transit and it probably has huge knock-on effects throughout the affected regions (things that didn't ship, trips not taken, etc).
- inasio 5y agoI believe it was a gasoline pipeline, so the price per barrel is a lot more than that.