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Buckeye Partners, formerly known as the Buckeye Pipeline Company, is a distributor of petroleum in the East and Midwest areas of the United States. A direct descendant of Standard Oil , the company is considered one of the largest independent oil pipelines in the United States. [ 3 ]
Buckeye traced its roots to 1886, when Standard Oil Company formed the Buckeye Pipeline Co. to move petroleum products to refineries in northwestern Ohio. By the 1940s, the company was supplying refineries from Chicago to Buffalo, and following World War II, it expanded its pipeline network into New York, New Jersey, and Pennsylvania.
I've been taking a deeper look at Buckeye Partners' three business segments. In today's final article we'll take a deeper look at Buckeye services. This segment includes a variety of assets ...
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The Colonial Pipeline is the largest pipeline system for refined oil products in the U.S. [1] The pipeline – consisting of three tubes – is 5,500 miles (8,850 km) long [1] and can carry 3 million barrels of fuel per day between Texas and New York. [2] It is operated by the Colonial Pipeline Company, which is headquartered in Alpharetta ...
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