Colonial shuts main gasoline pipeline to investigate leak; gasoline futures highest since October
Colonial's Line 1 is the primary line for conveying gasoline products and transports 1.5M bbl/day of gasoline from Houston, Texas, to storage tanks in Greensboro, North Carolina, from where it is distributed locally or pumped to other Northeastern markets all the way to the New York Harbor Traders cited expectations for Line 1 to restart later on Tuesday night,