• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Colonial shuts pipeline due to potential gasoline leak

by January 14, 2025
written by January 14, 2025

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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Kymera stock surges on product pipeline update
next post
Stephens starts on Mister Car Wash with equal-weight, $8 target

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Elon Musk’s SpaceX acquires xAI

      February 25, 2026
    • The architect of Amazon’s supply chain on running a startup with your spouse

      February 25, 2026
    • Trump administration alleges Nike discriminated against white workers

      February 25, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      February 25, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (688)
    • Stock (6,426)

    Latest News

    • Elon Musk’s SpaceX acquires xAI
    • The architect of Amazon’s supply chain on running a startup with your spouse

    Popular News

    • CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it
    • 6 key chip stocks to own as per Mizuho’s Klein

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy