NEW YORK (MarketWatch) - Energy stocks rose Friday as crude oil prices crested near $76 a barrel, after Enbridge Energy shut down a major pipeline connecting the U.S. and Canada.
The NYSE Arca Oil Index (XOI 992.53, +8.87, +0.90%) rose 0.7% to 990. The NYSE Arca Natural Gas Index (XNG 512.06, +2.64, +0.52%) rose 0.3% to 511. The Philadelphia Oil Service Index (OSX 184.48, +1.87, +1.02%) rose 1% to 184.
Pacific Gas & Electric Co. (PCG 47.01, -1.23, -2.55%) fell 2.7% to $46.95, after a huge explosion killed at least one person and set fire to dozens of homes in San Bruno, Calif.
Enbridge Energy Partners (EEP 53.86, -0.90, -1.64%) fell 1.9% to $53.74.
The company said it turned off Line 6A of its Lakehead pipeline system in Romeoville, Ill., about 20 miles southwest of Chicago.Line 6A is a 34-inch, 670,000 barrel-per-day line transporting light synthetics, heavy and medium crude oil from Superior, Wisconsin, to Griffith, Indiana.