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Key Fuel Lines Restart As Concerns Ease Over Supply Crunch After Harvey

"HOUSTON - Two key fuel pipelines were set to start up on Monday after certain segments in Texas were shut because of Hurricane Harvey, helping alleviate concerns about rising retail prices and the domestic distribution of gasoline and distillates.

Colonial Pipeline Co, the biggest U.S. fuel system, said on Sunday it planned to reopen the main distillate line between Houston and Hebert, Texas, on Monday, and the gasoline line between those two points on Tuesday. The company had initially aimed to restart both its lines by Sunday.

The company’s pipelines connect refineries along the U.S. Gulf Coast to markets in the Northeast, transporting more than 3 million barrels a day of gasoline, diesel and jet fuel. "

Catherine Ngai reports for Reuters September 3, 2017.

Source: Reuters, 09/04/2017