Trafigura, ExxonMobil Protest Colonial Pipeline Changes [Yahoo! Finance Canada]
Chevron Corporation (CVX)
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Source: Yahoo! Finance Canada
Corp. and Chevron Corp. in protesting operational changes to Colonial Pipeline Co.'s 5,500-mile fuel network. Most Read from Bloomberg Colonial, which operates the largest US gasoline pipeline, wants to boost capacity on the maxed-out line by, in part, halting the shipment of a particular fuel grade. But shippers on the line, including refiners Valero Corp. and BP, are asking US regulators to reject Colonial's plan, saying it will raise their own costs and create operational hurdles. A Colonial spokesperson said in a statement that the proposed changes will benefit shippers and the public interest. Colonial plans to respond to the protests Monday. Other refiners, including Motiva Enterprises LLC, Shell PLC , Marathon Petroleum Corp. and Phillips 66, a
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