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Top News & Analysis Alabama

  • NEW YORK, Sept 21- Colonial Pipeline Co said its main gasoline line, Line 1, was safely restarted and returned to service on Wednesday after its biggest leak in nearly two decades squeezed supply and led to increased prices at the pump in the Southeast United States. The damaged section of the 1.3 million-barrel-a-day line that connects the refining hub of the...

  • NEW YORK, Sept 21- Drivers from Tennessee and Georgia to New Jersey may soon breathe a collective sigh of relief as service is restored on Colonial Pipeline, cutting gasoline prices that have surged following a leak on the key line. Still, the 12- day disruption on Colonial, the main artery that flows about 1.3 million barrels per day of fuel from the refining hub on...

  • NEW YORK, Sept 21- Colonial Pipeline Co said it expects a full restart of its gasoline line by Wednesday evening after its biggest leak in nearly two decades squeezed supply and led to increased prices at the pump in southeast United States. The damaged section of the 1.3 million-barrel-a-day line that connects the refining hub of the Gulf Coast to the East Coast...

  • NEW YORK, Sept 20- The U.S. government approved a Wednesday restart for Colonial Pipeline Co's main gasoline pipeline, authorities said on Tuesday, after the line's biggest leak in nearly two decades caused supply shortages that pushed pump prices higher. The largest gasoline conduit in the United States was partially shut down after a leak was discovered on...

  • NEW YORK, Sept 20- The U.S. government gave verbal approval for Colonial Pipeline Co to restart its main gasoline line on Wednesday, a federal official said, after the biggest leak on the line in nearly two decades caused supply shortages and pushed pump prices higher. The largest gasoline conduit in the United States was partially shut down after a leak was...

  • NEW YORK, Sept 20- The U.S. government gave verbal approval for Colonial Pipeline Co to restart its main gasoline line on Wednesday, a federal official said, after the biggest leak on the line in nearly two decades caused supply shortages and pushed pump prices higher. The largest gasoline conduit in the United States was partially shut down after a leak was...

  • NEW YORK, Sept 20- Colonial Pipeline Co said on Tuesday it expects to restart its main gasoline line on Wednesday after its biggest leak in nearly two decades led to long lines and a surge in prices at the pump in the southeast United States. The leak, discovered by a mining inspector who detected a gasoline odor in Helena, Alabama on Sept. 9, released about 6,000 to...

  • NEW YORK, Sept 20- Colonial Pipeline Co said on Tuesday it expects to restart its main gasoline line on Wednesday after its biggest leak in nearly two decades which led to a surge in prices at the pump and long lines in the southeast United States. The leak, discovered by a mining inspector who detected a gasoline odor in Helena, Alabama on Sept. 9, released about 6,000...

  • NEW YORK, Sept 20- Colonial Pipeline Co said on Tuesday it expects to restart its main gasoline line on Wednesday after its biggest leak in nearly two decades which led to a surge in prices at the pump and long lines in the southeast United States. The leak, discovered by a mining inspector who detected a gasoline odor in Helena, Alabama on Sept. 9, released about 6,000...

  • NEW YORK, Sept 19- The U.S. dollar weakened on Monday on expectations the Federal Reserve will leave interest rates unchanged after its policymakers meet this week, while oil prices rose from multi-week lows. Weak recent U.S. data has boosted bets that the Fed will skip the chance to raise rates at this week's meeting, but investors will listen closely to Chair...

  • Retail gasoline prices in Georgia, one of the hardest hit states, jumped nearly 6 cents overnight to Monday, or more than 20 cents higher than a week ago, to $2.316 a gallon on average, according to motorists' advocacy group AAA. Richard Parks, 32, an electrician in Atlanta, said he saw the price of regular gas jump at a Shell Station in East Atlanta to $2.69 on Monday from...

  • The partial shutdown of the damaged Line 1, which carries about 1.3 million barrels per day of gasoline from the refining hub on the Gulf Coast to the East Coast, also roiled the markets. Retail gasoline prices in Georgia, one of the hardest hit states, jumped nearly 6 cents overnight to Monday, or more than 20 cents higher than a week ago, to $2.316 a gallon on average,...

  • Oil Prices, USD, United States oil station, gas

    The Georgia governor's office has said they have not received any complaints of gas shortages within the state after a pipeline spill in Alabama.

  • Sept 18- Retail gasoline prices surged due to continuing problems with Colonial Pipeline Co's gasoline line that carries fuel to the U.S. East Coast, as the company started to construct a bypass line around the leak. The average price of a gallon of regular gasoline in Georgia rose to $2.26 as of Sunday morning, according motorists' advocacy group AAA, up more than...

  • Sept 18- Retail gasoline prices surged due to continuing problems with Colonial Pipeline Co's gasoline line that carries fuel to the U.S. East Coast, as the company started to construct a bypass line around the leak. The average price of a gallon of regular gasoline in Georgia rose to $2.26 as of Sunday morning, according motorists' advocacy group AAA, up more than...

  • NEW YORK, Sept 16- Stock investors next week will focus on the Federal Reserve's monetary policy decision and whether economic growth trends have given the U.S. central bank reason to raise interest rates off of rock-bottom levels. In the days leading up to Wednesday's policy announcement, market volatility has spiked following two months of relative calm.

  • The average price of a gallon of regular gasoline in Georgia rose to $2.26 as of Sunday morning, according motorists' advocacy group AAA, up more than six cents overnight and more than 15 cents in a week. Prices were up 4 cents in North Carolina to $2.136 and 4 cents in South Carolina to $2.011. Colonial shut its main gasoline and distillate lines that run from the Gulf...

  • Colonial shut its main gasoline and distillate lines that run from the Gulf Coast to the East Coast on Sept. 9 after a leak was discovered in Shelby County, Alabama. Meanwhile, retail prices continued to spike on Saturday, according to motorists' advocacy group AAA, and states, including Tennessee and North Carolina, joined others in temporarily waiving rules...

  • Sept 17- Colonial Pipeline Co said on Saturday it had resumed work on repairing its damaged Line 1 gasoline line on Friday afternoon, after having to temporarily halt work due to vapors at the site of the leak. The company last Friday shut its main gasoline and distillate lines that run from the Gulf Coast to the East Coast after a leak was discovered in Shelby...

  • Colonial, the largest U.S. refined products pipeline system, last Friday shut its main gasoline and distillate lines that run from the Gulf Coast refining hub to the East Coast, after the leak was discovered in Shelby County, Alabama. Greg Robinson, the head of Alabama's Emergency Management Agency, said on Friday Colonial told him it hoped to get the pipeline up...