The Trans Alaska Pipeline, shut on Saturday due to an oil leak, will likely restart before...

|By:, SA News Editor

The Trans Alaska Pipeline, shut on Saturday due to an oil leak, will likely restart before Friday, a source tells WSJ. Crude oil prices spiked, then pulled back to close at $89.25 in New York trading, +1.4%. Although the incident does not seem too serious, it could cause problems for oil markets and BP if the shutdown is prolonged.