Gasoline Prices Soar After Colonial Pipeline Explosion In Alabama - Live Stream

Update: The Colonial Pipeline disruption has sparked a huge spike in the price of RBOB gasoline

Bloomberg reports that S.C. fuel marketers are receiving allocation notices from major suppliers after Colonial Pipeline shut its mainlines on fire in Shelby County, Alabama, according to Michael Fields, executive director of state’s Petroleum Marketers Association.

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As we detailed earlier, massive plume of smoke is filling the skyline after a gas pipeline exploded in Helena, Alabama according to CBS42. Fire units are headed to the scene, according to McAdory Fire Station #2. Alagasco has stated that the fire is from a petroleum line. According to the Shelby County Sheriff's office, the blast was on the Colonial Line, with 8-9 people injured.

For those curious about the piepline, the EIA has a great primer found here.

The Sheriff adds that the blast happened during crew work.

The explosion took place near 334 Highway 13. At this time, a response team has been called in from Jefferson County as well as a tanker from the McAdory Fire Department.

Vestavia Hills Fire Department has also arrived on the scene, along with Shelby County’s Sheriff’s Department.

UAB has received five patients associated with the explosion who arrived by LifeFlight helicopter. At this time, there is no word on their condition, but CBS42 has learned that they are being treated for burns.

Helena police are stating that there was an explosion in the Shelby County Jurisdiction, and that no Helena residents are in danger.

Travel is not being impacted to students who get dropped off on County Road 13, according to the transportation director with Shelby County schools.

It is unclear how much product is impacted and whether East Coast gasoline prices are set to spike as a result.