Which pipeline?
the refineries are out of storage capacity and the crude is backing up at the docks?
BP's Cherry Point Refinery in Washington had a fire that caused a three month shutdown. It caused a lack of ability to process as much crude for quite a while.
Whats going on? price manipulation?
I have never found an oil company outside of OPEC that was willing to shut anything down so their competition who remained running could make more money.
BP is back to 100%. BP manages the pipeline for ALL the refineries, but it is only operating at 50% capacity. The ships are backing at at the docks with crude, with no explanation. It’s making a lot of extra work and costing a lot of money.
I’ve never seen it before, either. That’s why I’m asking what you think.