Colonial Shuts Largest US Gasoline Pipeline Over Leak
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Colonial Pipeline Co. shut the largest U.S. fuel pipeline Jan. 14 to investigate a potential leak in Georgia.
The company’s Line 1 transports 1.5 million barrels a day of gasoline between Houston and Greensboro, N.C.
The shutdown is expected to last about 12 hours, according to people familiar with the matter who asked not to be named discussing private matters.
New York gasoline futures on Jan. 14 touched the highest since October.
Colonial confirmed the shutdown, saying in a statement that it’s “responding to a report of a potential gasoline release on our right of way in Paulding County, Ga.”
Written by Nathan Risser, Jack Wittels and Christopher Charleston
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