The spill briefly caused oil prices to rise Thursday.
TOPEKA, Kan. — An oil spill in a creek in northeastern Kansas shut down a major pipeline that carries oil from Canada to the Texas Gulf Coast, briefly causing oil prices to rise Thursday.
“People are sometimes not aware of the havoc that these things can wreak until the disaster happens,” said Zack Pistora, who lobbies the Kansas Legislature for the Sierra Club’s state chapter. But the U.S. Environmental Protection Agency said there were no known effects yet on drinking water wells or the public, and the oil didn’t move from the creek to larger waterways. Randy Hubbard, the Washington County Emergency Management coordinator, said there were no evacuations ordered because the break occurred in rural pastureland.
Oil prices briefly surged at midday Thursday amid news of the spill, with the cost of a barrel of oil for near-term contracts rising by nearly 5%, and above the cost of oil contracts further into the future. That typically suggests anxiety in the market over immediate supply. “It’s something to keep an eye on,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which tracks gasoline prices. “It could eventually impact oil supplies to refiners, which could be severe if it lasts more than a few days.”
Dan Thalmann, publisher and editor of The Washington County News, a weekly publication, said crews were creating a rock path to the creek because recent rains made fields too soft to move in heavy machinery.
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