Energy

Colonial Pipeline says it aims to restore service by end of the week

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Holding tanks are seen at Colonial Pipeline’s Linden Junction Tank Farm in Woodbridge, New Jersey, U.S. in an undated photograph.

Colonial Pipelines | Reuters

Colonial Pipeline said Monday afternoon that parts of its system are being brought back online, and it hopes to restore service by the end of the week.

“Segments of our pipeline are being brought back online in a stepwise fashion, in compliance with relevant federal regulations and in close consultation with the Department of Energy, which is leading and coordinating the Federal Government’s response,” the company said in a statement.

The company said the situation “remains fluid and continues to evolve,” and that it’s following an…



Source cnbc.com

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