BP Shuts Most North Slope Oil Output After Leak, Wall Street Journal Says

[MNeagle]

BP Plc said an oil leak at one of its pumping stations at Alaska’s North Slope will force it to shut down 95 percent of its oil production, The Wall Street Journal reported, citing a spokesman.

Alyeska, which is in charge of the Trans-Alaska Pipeline System, advised BP to reduce production, the newspaper said. ConocoPhillips and other North Slope operators were told the same thing, the Journal said.

Steve Rinehart, a BP spokesman, told the newspaper it was “a significant event.” The North Slope produces about 630,000 barrels a day, the Journal said.

http://www.bloomberg.com/news/2011-01-09/bp-shuts-most-north-slope-oil-output-after-leak-wall-street-journal-says.html

[Spectrism]

Diesel to $4.75 and gasoline to $4.90.... and the economy comes to a standstill by May 1.

[Cobalt]

Prices were inching upwards and were about to approach the level where they would start receiving complaints from the public about the prices.

They came up with a BS story to justify raising prices in order to gouge every penny the worker bees just got in the form of tax cuts.

[Libertytree]

I bet it was a Wiki leak ::)