Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Colonial shuts pipeline due to potential gasoline leak

by
January 14, 2025
in Investing
0
Colonial shuts pipeline due to potential gasoline leak

By Nicole Jao and Shariq Khan

NEW YORK (Reuters) -Colonial Pipeline, the largest refined products pipeline operator in the United States, said on Tuesday it was responding to a report of a potential gasoline leak in Paulding County, Georgia and that one of its mainlines was temporarily shut down.

Crews were on the scene coordinating response efforts, the company said.

The pipeline that was shut was Line 1, which transports about 1.5 million barrels of gasoline a day and runs from Houston, Texas, to Greensboro, North Carolina.

A Colonial spokesperson said the company did not have any information to share on a restart timeline.

However, gasoline traders said it is expected to be back in service later tonight.

“The timeline sounds on par with a best case outcome,” head of petroleum analysis at GasBuddy Patrick De Haan said, adding it suggests a minor leak and minimal environmental mitigation.

February RBOB gasoline futures were up 0.56% to $2.1121 a gallon at 2:18 p.m. EST.

Colonial operates more than 5,500 miles (8,850 km) of pipeline and Line 1 is one of its two mainlines that connect Gulf Coast refineries with markets across the southern and eastern United States.

The U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA) did not immediately respond to a request for comment.

Paulding County Sheriff’s Office said there was no notification to 911 regarding a gas leak.

This post appeared first on investing.com
Previous Post

Kymera stock surges on product pipeline update

Next Post

Stephens starts on Mister Car Wash with equal-weight, $8 target

Next Post
Stephens starts on Mister Car Wash with equal-weight, $8 target

Stephens starts on Mister Car Wash with equal-weight, $8 target

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
China expands scope of consumer trade-ins for home appliances

China expands scope of consumer trade-ins for home appliances

January 8, 2025
Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

August 2, 2025
Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs

Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs

August 2, 2025
Inside the Biden cover-up probe: 8 aides questioned, more on the way

Inside the Biden cover-up probe: 8 aides questioned, more on the way

August 2, 2025
BROADCAST BIAS: ABC compares Sydney Sweeney ad to Nazis as networks go nuts about her ‘genes’

BROADCAST BIAS: ABC compares Sydney Sweeney ad to Nazis as networks go nuts about her ‘genes’

August 2, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

    Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

    August 2, 2025
    Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs

    Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs

    August 2, 2025
    Inside the Biden cover-up probe: 8 aides questioned, more on the way

    Inside the Biden cover-up probe: 8 aides questioned, more on the way

    August 2, 2025
    BROADCAST BIAS: ABC compares Sydney Sweeney ad to Nazis as networks go nuts about her ‘genes’

    BROADCAST BIAS: ABC compares Sydney Sweeney ad to Nazis as networks go nuts about her ‘genes’

    August 2, 2025

    Top News

    Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

    Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

    August 2, 2025
    Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs

    Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs

    August 2, 2025

    Latest News

    • Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’
    • Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs
    • Inside the Biden cover-up probe: 8 aides questioned, more on the way

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.