Acton Institute Powerblog Archives

Post Tagged 'Prudhoe Bay'

‘Beyond Petroleum’ or ‘Big Problem’? UPDATED

NBC Nightly News with Brian Williams is asking, “Was the BP pipeline problem preventable?” It seems that BP has allegedly been giving required maintenance to the pipeline short shrift: “Allegations about BP’s maintenance practices have been so persistent that a criminal investigation now is under way into whether BP has for years deliberately shortchanged maintenance and falsified records to cover it up.” BP shut down the Prudhoe Bay oil field earlier this week, after a “spill” resulting from “unexpected corrosion.” While BP shuts down the field to repair 16 miles of pipeline, there are concerns that about 400,000 barrels per day will be taken out of production, and will deprive West Coast refineries of a quarter of their supply. Continue Reading...