Get 40% Off
📈 Free Gift Friday: Instantly Copy Legendary Investors' PortfoliosCopy for Free

A trail of oil: Keystone pipeline's history of oil spills

Published 12/08/2022, 06:49 PM
Updated 12/09/2022, 01:00 PM
© Reuters. FILE PHOTO: TC Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) -Canada's TC Energy (NYSE:TRP) Corp shut its Keystone pipeline in the United States after more than 14,000 barrels of crude oil spilled into a creek in Kansas, the largest crude spill in the United States in nearly a decade.

The 622,000 barrel-per-day pipeline is a critical artery shipping heavy Canadian crude from Alberta to refiners in the U.S. Midwest and the Gulf Coast. It is unclear how long the closure will last.

There have been several spills on the line since it began operating in 2010. The following is a timeline of some of Keystone's biggest oil spills, along with recent other spills of crude, both onshore and offshore.

2011

May: TC shut the pipeline for six days after a spill of about 500 barrels of oil due to a failed fitting at a North Dakota pumping station.

2016

April: TC shut down the pipeline after about 400 barrels of oil leaked in Hutchinson County, South Dakota.

2017

November: TC shut part of the Keystone pipeline system after a leak in South Dakota, caused by mechanical damage from original construction. Originally pegged at 5,000 barrels, a TC spokesperson later put the estimate at about 9,700 barrels.

2019

February: Portions of the Keystone pipeline were shut down after 42 barrels of oil leaked on land in rural St. Charles County, Missouri.

October: An estimated 9,120 barrels of oil spilled in North Dakota. U.S. Pipeline and Hazardous Materials Safety Administration data shows the spill at roughly 4,500 barrels.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

OTHER ONSHORE SPILLS:

Since 2010 there have been two spills of crude oil larger than this most recent Keystone spill. In August 2010, an Enbridge (NYSE:ENB) pipeline leaked more than 20,000 barrels of oil into the Kalamazoo River in Michigan.

In October 2013, more than 20,000 barrels of oil spilled from a Tesoro pipeline in North Dakota.

OFFSHORE DISASTERS:

Onshore spills are usually far smaller than offshore spills, which spread more quickly in water. BP (NYSE:BP)'s 2010 Deepwater Horizon oil spill spewed more than 4 million barrels offshore Gulf of Mexico, while the Exxon (NYSE:XOM) Valdez accident of 1989 spilled about 260,000 barrels in Alaska's Prince William Sound.

The largest spill in history happened during the 1991 Gulf War when Iraqi forces released an estimated 4 million barrels into the Persian Gulf.

Latest comments

Trump rushed the shoddy approval of the Keystone XL with shortcuts.  If Biden hadn't cancel it, it would be mired in lawsuits now, or causing an environmental disaster.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.