Exxon challenges Colonial Pipeline's proposed changes, citing harm to shippers and consumers

From Yahoo Finance: 2025-03-19 18:15:00

ExxonMobil requests regulators to block Colonial Pipeline’s proposed changes, citing harm to shippers and consumers. The pipeline seeks to streamline operations by stopping different grades of gasoline shipments, leading to protests from shippers. Exxon argues these changes would disrupt supply chain efficiency and increase costs. Colonial defends changes, stating they will increase pipeline capacity and gasoline supplies. Colonial plans to respond to Exxon’s protest with FERC on Monday.

Read more: Exxon challenges Colonial Pipeline on proposed changes to fuel shipping terms