The Alaskan Pipeline, or one of BP's feeder lines connecting to it is suddenly so rusty that it has to be shut down indefinitely, causing an instant 8% drop in US production capacity.

This fact translates into an instant and enormous revenue loss for Alaska, and:

The event will be followed by an instant double jump in gas prices and an instant double secret jump in oil company revenues.

Now, I'm not an oil expert, (Beer is my area,) I have never been fond of the flavor of "Crude Light", although I once drank some Old Milwaukee and found it somewhat reminiscent of 10w40 when served stale, at room temperature, in a dirty glass. But I digress.

Please, join me below the fold.