Colonial Pipeline Allocates Shipments to Charlotte Airport
9/19 7:43 AM
Colonial Pipeline Allocates Shipments to Charlotte Airport BURLINGTON, Vt. (DTN) -- Colonial Pipeline has issued an allocation notice for cycle 55 shipments on the Loc-3G line spur to the Charlotte-Douglas Airport in North Carolina, effective at the market close this afternoon. The airport is just north of the border with South Carolina. The small pipeline spur is frequently allocated. In the Gulf Coast market, 54-grade jet fuel for cycle 54 pipeline movement is valued 6.35cts below New York Mercantile Exchange ULSD futures in early trading Thursday, with jet fuel at the Charlotte receipt point notional at about $1.9870 gallon with the addition of pipeline tariffs. The airport is located east of the Colonial Pipelines main lines, which run from Houston, Texas, to Greensboro, N.C. The pipeline system continues north to Linden, New Jersey. (c) 2019 DTN. All rights reserved.
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