Tag: oil pipeline

And guess who is a part owner of it? The Trans-Alaska Pipeline, partly owned by BP (BP.L), shut down on Tuesday after spilling several thousand barrels of crude oil into backup containers, drastically cutting supply down the main artery between refineries and Alaska’s oilfields. The accident comes at a difficult time for BP — the […]

Now that Sarah Palin is done playing celebrity (hopefully), she gets to go back to work in Alaska and face some big problems: Palin’s state budget proposal is due in a month, with plummeting oil prices slashing Alaska’s revenues by billions of dollars. The 1,700-mile natural gas pipeline she bragged about on the campaign trail […]