Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Oil spills cause gas price spike in Midwest

By Aaron Smith, CNNMoney.com staff writer


NEW YORK (CNNMoney.com) -- Oil spills in the Midwest have caused spikes in gasoline prices there, though Enbridge Inc., the company that owns the leaked pipelines, said the worst of it is over.

Enbridge has closed three pipelines this summer to investigate and fix the problems, with the most recent pipeline closure happening on Monday.

Gasoline prices and taxes by state
Prices at the pump can vary widely among states due to a number of factors. More

With the flow of oil stopped, Motorists in the Midwest have been hit with hefty increases in gas prices of up to 30 cents per gallon, said Tom Kloza, chief oil analyst with Oil Price Information Service.

"It's a little like having a blockage in an artery; it's not going to kill the patients but there has to be some rerouting," he said, referring to the pipelines. "The good news is that it's calming down a little bit. This shall pass."

Enbridge (ENB) spokeswoman Terry Larson said the company on Monday shut down its third pipeline for the summer, after oil was detected by construction workers working on a sewage facility near a section of pipe running from Ontario to New York state. But that pipeline is already back on line, she said.

"At this point there is no indication that there was a leak on the pipeline," she said, noting that the investigation stemmed from the discovery of less than a gallon of oil by the construction crew.

But there were leaks on two other pipelines, one at line 6A in Romeoville, Ill. near Chicago, and the other at line 6B at Marshall, Mich., she said.

Both those pipelines are shut down, though 6B in Michigan has been repaired and is awaiting approval to be restarted by authorities, she said. Also, she said the clean-up of affected rivers and streams is on track to meet the Sept. 27 deadline mandated by the Environmental Protection Agency.

Larson said that Enbridge has a welding crew repairing the 6A in Illinois.

Kloza noted that Enbridge has been particularly diligent in taking care of the problem, having witnessed the public outrage towards another oil spill company: BP (BP).

"No one wants to be the next political or corporate media whipping boy," he said. To top of page

Index Last Change % Change
Dow 17,689.86 -56.12 -0.32%
Nasdaq 5,128.28 -0.50 -0.01%
S&P 500 2,103.84 -4.79 -0.23%
Treasuries 2.20 -0.06 -2.78%
Data as of 12:46am ET
Company Price Change % Change
Bank of America Corp... 17.88 -0.25 -1.38%
Micron Technology In... 18.51 -1.39 -6.98%
Facebook Inc 94.01 -1.20 -1.26%
Apple Inc 121.30 -1.07 -0.87%
Frontier Communicati... 4.72 0.09 1.94%
Data as of Jul 31
Sponsors

Sections

Some families are outraged at the sums they've been offered by Lufthansa as compensation for the Germanwings plane crash in March which killed 150 people. More

Fast-food chains that operate in more than 30 locations nationwide are the sole target of a new rule in New York to hike their minimum wage to $15. But consumers and small business owners, as well as some employees, may be the ones to pay the price. More

You can't blame it on the economy anymore. More Millennials now have jobs, but are still living at home. More