The 5,500-mile Colonial pipeline that supplies almost half of the gasoline on the East Coast shut down Sunday Afternoon. The initial press released stated it was a preemptive measure and only "Temporary".
But is looking like 2 to 3 days min.
However, Six refineries that process 1.92 million barrels per day of oil into gasoline and other petroleum products, either shut or curtailed some production. That includes two Valero Energy (VLO.N) plants in Louisiana that combined process 335,000 barrels per day and Phillips 66's 255,000 bpd Alliance, Louisiana, refinery.
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