Shutdown of Gas Pipeline Not Immediately Impacting Arkansas - KAIT Jonesboro, AR - Region 8 News, weather, sports

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Shutdown of Gas Pipeline Not Immediately Impacting Arkansas

AUGUST 9, 2006 - Posted at 7:31 a.m. CDT

 

LITTLE ROCK, AR - Arkansas' gas prices were not immediately impacted by the shutdown of of a major Alaskan pipeline and experts say the state may not see an impact at all.

BP, the world's second-largest oil company, announced Sunday it was shutting down its Prudhoe Bay oil field after a small leak was found in one of its three transit lines, which bring oil to the 800-mile trans-Alaska pipeline.  BP has 22 miles of transit lines and will be replacing two of the lines, or 16 miles of pipe.

Mike Right, spokesman for the AAA, says the West Coast will probably be hit harder by the pipeline's shutdown.  The state is already experiencing gas prices close to the record levels Arkansas witnessed in the wake of Hurricane Katrina.

In Arkansas, the average price per gallon was $2.94 yesterday; last month it was $2.81, a year ago it was $2.21.

The all-time high gas price for Arkansas was $2.99 in September of last year, just after Hurricane Katrina struck the Gulf Coast.

The national average is $3.04, Right said, just below the national record of $3.06. 

In Jonesboro, the average price is $2.83 per gallon, although the price had dropped to $2.80 per gallon this morning at the Flash Market Citgo on South Caraway Road.

(Copyright 2006 by The Associated Press.  All Rights Reserved.)

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