Posted on 10/15/2008 8:27:51 AM PDT by thackney
Teppco Partners' refined products terminal in Princeton, Indiana, will run out of low-sulfur diesel Wednesday afternoon, the partnership said.
A resumption of low-sulfur diesel service is expected Friday, Teppco said in an advisory to shippers.
Several parts of the US Midwest and Southeast have suffered recent refined product shortages. Trading sources pegged the shortages to lagging supplies coming from US Gulf Coast refineries idled due to Hurricane Ike last month and to the international credit crunch, which has prevented large stock-building purchases by buyers in the Midwest and southeast.
Teppco has said that intermittent outages were expected at some of its terminals until adequate supply was maintained in its system.
Teppco's refined products pipeline system runs 4,600 miles from Texas through the US Midwest to parts of Pennsylvania and New York and has a capacity of 340,000 b/d.
Why are you holding out on diesel?
LOL.
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