Gas Analyst: Prices Set to Spike Following Pipeline Explosion

11:24am
Updated

A pipeline that ruptured and sparked a massive fire north of Prince George, B.C.is shown in this photo provided by Dhruv Desai.

But by turning off the pipelines, the energy company said there could be a disruption in gas supply to customers in the Pacific Northwest region.

Parkland Fuel Corporation says it is "curtailing" operations at its refinery in Burnaby as a result of the natural gas supply cut, but that it continues its refining operations.

There's no word how long the natural gas interruption will last but GasBuddy estimates it could be at least two weeks.

He's advising drivers to buy only the fuel they need until prices drop to regular levels. "I would expect widespread and significant inconvenience and probably some impacts on the electrical system as people end up using stove tops to heat water". "I thought it might have been a jet engine or a low-flying jet". You could hear it start dropping.

A memo circulated from UVic's facilities management division noted the university has already switched its central heating system to diesel from natural gas, and has suggested staff and students bring warmer clothes to work and class.

Police said the gas line has since been shut down.

Hurricane Michael Ravaged Mexico Beach
The areas that took the brunt of the storm are spread out, officials said, with very few access points where they can receive aid. Search teams - working by air, boat and on the ground - have entered Panama City, Mexico Beach , Alligator Point, Eastpoint, St.

Residents can conserve gas by turning down their thermostats, turning off fireplaces and reducing use of gas-powered hot water and cooking appliances.

"FortisBC is asking BCIT to urgently limit natural gas usage", read the message from the school.

FortisBC is urging its customers to conserve after an explosion and fire on the pipeline that supplies most of the natural gas to the province.

More than 30 buildings of the Vancouver campus may be affected.

Up to 700,000 natural gas customers in northern B.C., the Lower Mainland and Vancouver Island could be directly affected by a potential natural gas shortage, a spokesman for Fortis BC said in Vancouver on Wednesday.

The cause of the explosion is still under investigation.

The province's Ministry of Environment later confirmed the incident involved a 900 PSI gas line operated by Enbridge.

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