Oil & Gas Prices: Saudi oil pipeline blown up in Yemen, again. Yemen in full blown Civil War

“…an armed group fired more than three rocket propelled grenades on the pipeline, setting it on fire for the second time in less than two weeks.”-unnamed witness

For the second time this month, an oil pipeline, belonging to Saudi Nimir Petroleum Company, was blown up in Yemen.  April 11, 2012, a pipeline carrying crude oil from Shabwa to the Bir Ali terminal on the Gulf of Aden was blown up.  It was last attacked on April 2.

This latest attack on the pipeline came one day after anti-government Mujahideen launched a full blown attack against a U.S. supported Yemen army base.  Officials, and local elders, say 60 soldiers were killed,  and 54 Mujahideen were killed.

The Yemen Mujahideen also blew up a natural gas pipeline on March 30.