Some good gas news:
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FOR IMMEDIATE RELEASE
For further information, call: Susan Castiglione, Senior Manager, Corporate & Public Affairs, (678) 762-2211
COLONIAL PIPELINE RESTARTS SYSTEM
August 31, 2005
Colonial Pipeline today announced that it is safely restarting its pipeline. The initial restart of Colonial's Main lines 1 and 2 is scheduled to begin within the next several hours.
Initial service restoration will provide between 25% and 35% of Colonial's normal operating capacity. Both gasoline and distillate service is included in this system restart. Colonial's first priority through all of these restart activities is the protection of public safety and the environment.
Following this baseline restoration of partial service, Colonial will continue with the previously announced installation of distributed generation equipment along its system in Louisiana and Mississippi to provide electric power. This power will allow Colonial to gradually increase the rate of throughput on the system throughout the weekend.
Colonial anticipates that the maximum percentage of normal capacity that these interim measures will provide is between 50% and 60%. Colonial continues to work closely with local electrical utilities as they begin to restore power along the pipeline.
Colonial Pipeline, headquartered in Alpharetta, Ga., delivers a daily average of 100 million gallons of gasoline, home heating oil, aviation fuel and other refined petroleum products to communities and businesses throughout South and the Eastern United States. Colonial consists of more than 5,500 miles of pipeline, originating at Houston, Texas, and terminating at the New York harbor.
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