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Hard to interpret the technical language in this early Reuters report, but not good that Chevron refused to comment. When the screwup is not an explosion in view of the world, it’s all too easy to delay, downplay and diminish what’s going on. Maybe it’ll turn out to be minimal. Or not. However, it’s all but certain a report like this will raise the price of oil…. and gasoline.

 Sept 13 (Reuters) - A potential leak at a Chevron (CVX.N) oil
installation in the Gulf of Mexico has led the company to shut
down its Main Pass pipeline network offshore Louisiana, it said on
Tuesday.
 Chevron has shut a portion of the Main Pass pipeline as well
as its Cypress line, the company said in a statement. Chevron
didn't say how much oil is transported on the lines or provide
details about the potential oil spill at the Main Pass 299 block.
 Several calls to Chevron for comment were not returned.

 

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