Gasoline prices are experiencing a spike due to a pipeline leak in Illinois.
Enbridge Energy Partners shut down one of its major pipelines earlier this week to repair a leak - a pipeline that was the main supply of western Canadian crude oil to several U.S. refineries. According to company officials, the line is capable of moving more than 670,000 barrels of crude oil per day.
Gasoline prices across the country increased by an average of one cent per gallon, although in many Florida counties that figure was as high as three cents per gallon. In metropolitan Detroit, the increase has been as much as 16 cents per gallon over the past week, according to the Detroit Free Press.
"As with any increase in the price of crude oil, retail gas prices will follow suit and move slightly higher this week," Jessica Brady, manager of public relations for AAA, told the Ocala Star-Banner. "Whether or not prices continue to increase depends on how soon workers can fix the leak in the Illinois pipeline."
This isn't the first instance of bad press for Enbridge. Earlier this year, another of the company's pipelines spilled 800,000 gallons of crude oil into the Kalamazoo River.
Enbridge Energy Partners shut down one of its major pipelines earlier this week to repair a leak - a pipeline that was the main supply of western Canadian crude oil to several U.S. refineries. According to company officials, the line is capable of moving more than 670,000 barrels of crude oil per day.
Gasoline prices across the country increased by an average of one cent per gallon, although in many Florida counties that figure was as high as three cents per gallon. In metropolitan Detroit, the increase has been as much as 16 cents per gallon over the past week, according to the Detroit Free Press.
"As with any increase in the price of crude oil, retail gas prices will follow suit and move slightly higher this week," Jessica Brady, manager of public relations for AAA, told the Ocala Star-Banner. "Whether or not prices continue to increase depends on how soon workers can fix the leak in the Illinois pipeline."
This isn't the first instance of bad press for Enbridge. Earlier this year, another of the company's pipelines spilled 800,000 gallons of crude oil into the Kalamazoo River.
Can Small Investors Beat The Stock Market?
ReplyDeleteInvestors always wish that they reap huge benefits when they invest in the market. There are small and big investors in the market who buys and sells stocks. Do you think can small investors beat the stock market? Well let us have a look at this article and learn about the different investors in the stock market.
Getting Involved In The Market
To be an investor, you do not have to be made of money. If you are a small investor, then you can opt for different investments that you probably aren’t aware of. This investment could be a lot closer and simpler than you think. Then there are stocks where you can buy and sell it later on a higher price. It does not cost much to buy stocks. The only thing you should know is to select the right stocks for you. If you make any wrong mistake in selecting the stocks, then you may have to lose all your cash. So, it is always advisable to go for a professional help so that you can select the right stocks for you and get good returns.
Tips For Small Investors
For small investors, investment ideas can be in more tangible types of items. Some of the good places where small investors can begin to invest are coins, cars and collectibles…etc. These types of investments can make an investor to feel more secure than when they are dealing with the so called, “paper money.” They are able to keep their investments close to them. Being a small investor, the best investment idea is the one they feel that it is more secured for them.
Even if you are a small investor but have got brains how the market functions then you can surely beat the market. You should make a good survey of the market and if you can study the past records of the company you are making your investment, then you can be quite sure that you will succeed in the Indian stock market. So you have come to know can small investors beat the market. Be sure that you invest on the right stock and at the right time.
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