(Reuters) — A key segment of Enbridge Inc.'s oil pipeline system in the U.S. Midwest will remain shut down for up to four more days after a deadly vehicle accident in Illinois caused an oil leak and fire, likely squeezing supplies for refiners in the region, the company said on Sunday.
The shutdown of Enbridge's 318,000-barrel-a-day Line 14/64, part of a network that carries oil produced in Canada to Griffith, Indiana, from Superior, Wisconsin, is also expected to pressure already-weak prices for Canadian crude this week as supplies back up in Alberta, market sources and analysts said.
Read more: http://www.chicagobusiness.com/article/20120305/NEWS07/120309934/key-part-of-oil-pipeline-system-shut-after-suburban-vehicle-accident#ixzz1oG5d1pvE
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The shutdown of Enbridge's 318,000-barrel-a-day Line 14/64, part of a network that carries oil produced in Canada to Griffith, Indiana, from Superior, Wisconsin, is also expected to pressure already-weak prices for Canadian crude this week as supplies back up in Alberta, market sources and analysts said.
Read more: http://www.chicagobusiness.com/article/20120305/NEWS07/120309934/key-part-of-oil-pipeline-system-shut-after-suburban-vehicle-accident#ixzz1oG5d1pvE
Stay on top of Chicago business with our free daily e-newsletters
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