Platts to suspend Laurel RBOB, PBOB assessments

Platts plans to temporarily suspend its assessments for RBOB and Premium RBOB (PBOB) gasoline delivered through the US' Laurel pipeline system from September 10, 2010, because pipeline owner Buckeye Partners, L.P. will suspend shipments of the grades in September.

Platts will resume assessing RBOB and PBOB when shipments begin again, on a date to be determined in the spring of 2011. The 350-mile Laurel pipeline moves refined oil products throughout Pennsylvania, shipping oil westward from four refineries and a connection point in Philadelphia to the Colonial pipeline system to terminals in Reading, Harrisburg, Altoona/Johnstown and Pittsburgh, Pennsylvania.

Please send comments by August 13, 2010, to Alison Ciaccio at alison_ciacco@platts.com; Esa Ramasamy at esa_ramasamy@platts.com and a cc to pricegroup@platts.com.