Officials with Enterprise Products Partners say most of the oil that leaked Sunday night from its Seaway Crude Pipeline system at Cushing was contained in a retention pond
The leak happened at a facility belonging to Enbridge Inc., a joint-owner of the Seaway Crude Pipeline company with Enterprise.
Enterprise shut down the 400,000-bpd pipeline but did not reveal an estimate of how much oil was spilled. The company said it had restarted its 450,000 bpd SeawayTwin which it had closed as a precaution.
No evacuations were necessary following the spill. The U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration was aware of the spill and sent investigators to the site.
Some reports indicated that word of the leak resulted in lower U.S. crude prices on Monday. There were fears that shutting down the 850,000 barrel-per-day Seaway system would affect storage capacity at Cushing which is the delivery point for the benchmark West Texas Intermediate futures contract.
