California refiners have lined up replacement crude oil and don’t expect any cutbacks in gasoline production in the wake of last week’s closure of a key Alaskan oil field, state and industry officials said Wednesday, the Los Angeles Times reports.
BP abruptly halted production at the giant Prudhoe Bay oil field in Alaska after the company discovered extensive corrosion in pipelines that carry the crude. After initially shutting down 400,000 barrels a day of production, the company got permission to keep as much as 200,000 barrels of oil flowing daily while it makes other repairs.
