Trans Alaskan Pipeline Still Shutdown, Production Halted

The Trans Alaska oil pipeline, which was shut down Sunday after an earthquake, is still out of operation, with around 1 million barrels per day of oil output curtailed, said Mike Heatwole, a spokesman for the Alyeska Pipeline Service Co, which operates the pipeline. "We'll have a clearer picture of what needs to be done this afternoon," said Heatwole. The Trans Alaska pipeline delivers around 17% of US oil production.

On November 3rd a magnitude 7.9 earthquake shook Alaska and damaged supports for the 800-mile pipeline which transports North Slope crude to the tanker terminal at the Port of Valdez. A spokesman for BP said the earthquake has caused oil companies, including BP, ExxonMobil and ConocoPhillips, to reduce output to between 2-3% of total capacity.