Sumed Pipeline News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That runs to the left of it. 1.1 million barrels a day flowed through that pipeline in 2009, making it an important conduit to get through there to the oil rich lands of the middle east. if that wasn't there, look at what you have to do. it would add 6,000 miles to go around the cape of good hope, the bottom of africa, around to europe and, of course, off to the united states over there. all of that would impact us. at this point, kyra, gas prices haven't been affected. they are higher, a dollar away from the all-time high but not because of what is going on in egypt right now. the thing to wa...

Points. overseas markets are shaky of course because of the turmoil in the middle east. the instability is rippling to your corner gas station. buckle up. some analysts say in egypt remains in turmoil we could see oil prices more than dumb. stephanie elam, that is not going to make commuters happy. >> no, it's not exactly the valentine's day present anybody is hoping for. this is what everyone is keeping their eyes on, exactly how far this unrest will could. could it affect the suez canal or the su-med pipeline? this is important. however, a lot of the world's oil makes their way through thi...

Sadat assassination. >> sure. look at what we've done for 50 years or more and continue to do the same thing with saudi arabia in terms of supporting a regime which is not exactly democratic but is critical to our national interest. we don't have luxury of only picking places where there are people who conform to our human rights and democratic impulses. >> right. >> the egyptian crisis continues to reverberate around the world's financial markets. moody's has downgraded egypt's government bond ratings and changed outlook from stable to negative citing political risk. and crude oil prices clim...

Let's go live to stephanie elam. there are definitely concerns over tankers. we talked a lot about this with zain verjee out of london. it's definitely something we're watching. >> something everyone will be watching. it could impact us. right now it does look like things are controlled. when you look at the suez canal, it is so, so important, simply because if it weren't for the suez canal and the sumed pipeline to the west, you would have to ship it around africa. so the fact that these two arteries are in egypt has made people watch, but overall things have looked like they've been controll...

Can you break it down for us? >> happy to do that. this is something that i know is a world away from most americans, but it could have been an impact. we want to demonstrate just how key this region is. you have the suez canal controlled by egypt and the sumed pipeline we know 1.8 million barrels a day flowed through the canal, and you have the pipeline to the west, and through that 1.1 million barrels flowed through that pipeline. so these two arteries are just key for the region, because wow this, what shippers would actually have to do is ship it all the way around africa to get it over to...