Energy companies have shut down oil pipelines and terminals in the Midwest due to flooding that has killed 30 people and disrupted various industries. Via Bloomberg, Enbridge shut down its Ozark pipeline, which carries crude oil from Cushing, Oklahoma, to Wood River, Illinois. A company spokesman said it would be several days before the pipeline could be restarted.
Meanwhile, Spectra Energy has restarted its 164,000-barrel-per-day Platte pipeline, which delivers oil from Guernsey, Wyoming, to Wood River, according to a Reuters report.
Kinder Morgan shut down two terminals in Illinois that store chemicals, coal and petcoke among other products and ExxonMobil closed its products terminal in Memphis, Tennessee.
The Mississippi River reached its third-highest level ever in St. Louis on New Year’s Day. The high waters are expected to reach Baton Rouge and New Orleans — an area home to about 13% of the nation’s refining capacity — by the middle of this month.
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