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    market news

    Raging Fire Erupts After Chevron LPG Pipeline Gets Hit By Tug and Barge

    Investing News Network
    Mar. 13, 2013 06:34PM PST
    Oil and Gas Investing

    Reuters reported that fire broke out and hit a pipeline Wednesday after a tug boat hit a pipeline 30 miles south of New Orleans.

    Reuters reported that fire broke out and hit a pipeline Wednesday after a tug boat hit a pipeline 30 miles south of New Orleans.

    As quoted in the market news:

    About 2,200 barrels of crude oil remain on board the barge and has not been compromised, it said.

    The tug pushing the barge that carried 2,215 barrels of crude oil struck the Chevron Corp pipeline in shallow water early evening on Tuesday, the Coast Guard had said earlier.

    Click here to read the full Reuters report.

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