United States: Analysts expect little price effect from shutdown

Associated Press: The flow of oil through the trans-Alaska pipeline system could resume as early as Thursday after the 800-mile line was shut down this week due to a contained spill. Operator Alyeska Pipeline Service Co. reported "significant progress," with power restored to a pump station, crews beginning to drain oil from a storage tank that overflowed, and cleanup and oil recovery under way. "The next step is startup," spokeswoman Michelle Egan said, though she noted that needs to be a ......

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