[thackney]

COLONIAL DIRECTORS APPROVE NEW EXPANSION OF MAIN GASOLINE LINE

http://www.colpipe.com/press_release/pr_114.asp

December 21, 2011

Additional 100,000 Barrels Per Day Slated to Be Available Early 2013

ATLANTA, Ga. – A significant expansion of Colonial’s main gasoline pipeline, originating in Houston and connecting Gulf Coast refineries with markets across Colonial’s system, has been approved by the company’s Board of Directors.

An estimated 100,000 barrels per day (BPD) of additional capacity will be added to Colonial’s Line 01 during the first quarter of 2013. Line 01 begins in Houston and terminates in Greensboro, N.C., from where shipments to the Northeastern U.S. are made.

The expansion represents approximately a 10 percent increase in Colonial’s overall gasoline delivery capacity, and is the third major capacity enhancement announced by Colonial in 2011. Previously announced were:

• A 100,000 BPD capacity increase to the mainline serving the Northeast was put into operation earlier this year. This line begins in Greensboro and serves the Philadelphia, New, Jersey and New York markets.

• A 75,000 BPD capacity increase to the distillate mainline is under way, with 20,000 BPD accomplished and 55,000 BPD due online by mid-2012. This line originates in Houston and terminates in Greensboro.

“These investments in our system and service improvements are right in line with what our customers have asked for in light of changing markets and increases in demand for deliveries by Colonial,” said Tim Felt, Colonial President and CEO.

“We talk with our customers every day and are working on additional plans and projects that will make Colonial more useful and more available to them,” Felt said.

Recent refinery closings in the Northeast have contributed to allocating space on Colonial mainlines, primarily between Houston and Greensboro. The announced and the completed expansions are intended to help alleviate this condition, as are additional projects still on the drawing board.

Colonial Pipeline consists of more than 5,500 miles of pipe and connects Gulf Coast refineries and with markets across the South and Eastern United States. Colonial safely transports refined petroleum products, including gasoline, diesel fuel, jet fuel, home heating oil and fuels for the U.S. military. For more information, visit www.colpipe.com.

[PGR88]

Is there a way to make these NE States pay excessively for it? NE libs should understand that there is a cost to their adherence to their green religion, unions, etc. etc..

[Born to Conserve]

Seems that PA taxes, unfunded mandates, and labor laws are a problem.

[yobid]

Imagine, if you will, WW III and OPEC (and other enemies)cut off all oil supply to the US. How long before we starve our “emergency” resources?

[109ACS]

Why don’t they just build more windmills?

(/sarc tag implied)

[phockthis]

sfl

[SnuffaBolshevik]

I was at the convenience store yesterday and the girl was out with the stick changing the gas price sign. Out of boredom, I checked out the before price ($3.15 for regular). Walked to the other side and it was $3.37! 22 cents in one fell swoop.

Talk radio was all abuzz as this increase was happening all over the place.

[Former Proud Canadian]

So, there will be a shortage of petroleum for gulf coast refiners. However, they won't let the Keystone pipeline bring a new secure, uninterruptible supply from America's closest ally and trading partner. Makes you kind of wonder, doesn't it?

[bert]

The bumper sticker said......”Let the Yankee’s freeze, in the dark”

[Stalwart]

Thanks for posting this.

Price hike in gasoline, right up through liberal la-la land, and just before elections?

Refinery changeover causes a spring price increase, anyway. Adding this new dimension could really surge prices.

[smokingfrog]

Where does the imported gasoline come from?

[TLI]

Larger shipments of gasoline and diesel from the Gulf Coast are needed to offset planned closures of three major refineries in the Northeast, according to a new federal report.

Northeastern states could experience “spot shortages with price hikes” for gasoline and other fuels as the region faces the idling of three critical refineries in Pennsylvania, the U.S. Energy Information Administration concluded in a recent report.

“The Gulf Coast is likely to be a significant alternate supplier,” the report notes, specifying the Colonial Pipeline as a main transport route.

The Gulf Coast eh? The Gulfff Coassst...

The Gullllfff, hummm.

Yeah, I know that place, but they seem to be having a bit of an issue with some federal government bureaucracy not issuing drilling permits to get the oil TO the refineries to begin with. Oil doesn't just jump out of the ground all by itself you know.

Which one was that again? Oh, it will come to me in a minute or two.

And all that extra activity is going to require electricity. Lots and lots of electricity. I recall another issue with some federal government bureaucracy causing a lot of power plants in that area to just close.

Which one was that again? Oh, it will come to me in a minute or two.

And now that they mention it, those refineries themselves were having problems with some outfit in the federal government. It seems like they were being told to do a bunch of stuff that was way too expensive and, well, some of THOSE refineries might have to close. That federal government bureaucracy was being very insistent.

Which one was that again? Oh, it will come to me in a minute or two.

And speaking of supply, wasn't there suppose to be a really cool pipeline to get a LOT of crude oil down to those very same GULF COAST refineries? Yeah, all the way from Canada right? Had some problem with a federal government bureaucracy wanting additional environmental studies in addition to the three years of studies regarding the other 60 pipelines-of-death along that route.

Which one was that again? Oh, it will come to me in a minute or two.

I don't know about all this, it sounds pretty "risky." Those folks up in the nor-east might just have to "tighten their belts" and "check that tire pressure" as prices in that area "necessarily skyrocket."

But I do like the cool graphics they have!

Here is the proposed route of the line going to the area in need...

Here is one of those cool election maps...

Wow, look at all those BLUE States. Right where they all want the benevolent pipeline-of-prosperity to go.

But wait, look at this map of where the evil, leaking, stinky, Keystone pipeline-of-death will go!

Wow, look at all those RED states!

No pipeline for you, all you nasty non-bammy voters!

.