Refined Products, Gasoline
June 01, 2026
Platts launches USAC-based Colonial Pipeline Line 3 Space assessments for distillates, gasoline
Platts, part of S&P Global Energy, has launched US Atlantic Coast-based Colonial Pipeline Line 3 Space assessments from June 1, which coincide with the cycle timings of the prompt Colonial Pipeline 62-grade ULSD assessment and the prompt Colonial Pipeline A-grade gasoline assessment coming off Colonial's Line 3 multiproduct pipeline at Greensboro, North Carolina.
The two new Line 3 Space assessments are additions to existing US Gulf Coast-based Line 3 Space assessments, which coincide with the timing of the prompt Colonial Pipeline 62-grade ULSD assessment and the prompt Colonial Pipeline A-grade gasoline assessment for loading on Colonial's Line 2 and Line 1 pipelines, respectively, at Pasadena, Texas.
Feedback from market participants has indicated support for the additional Line 3 Space assessments to benefit USAC-focused market participants and to avoid disrupting existing Line 3 USGC-based assessments, which are often combined with Line 1 and Line 2 Space assessments.
Colonial Pipeline ships around 2.5 million b/d of refined products from Pasadena, Texas, to Linden, New Jersey. Gasoline-only Line 1 and distillates-only Line 2 funnel into multiproduct Line 3 at Greensboro, North Carolina, before delivering product to the East Coast. Colonial scheduling is based on 72 cycles per year or six cycles per month.
Line Space is a secondary market for the right to ship on Colonial's system and can be traded as a positive or negative value.
Platts' current assessments for Colonial Pipeline Line Space will be updated to include "USGC Timing" to distinguish that the timing basis is different from the new USAC-based assessments.
Platt's new assessments for Colonial Pipeline Line Space include:
| Symbol | Name |
| USACA00 | USAC Timing Colonial pipeline distillates Line 3 cents/gal |
| USACA03 | USAC Timing Colonial pipeline distillates Line 3 cents/gal MAvg |
| USACB00 | USAC Timing Colonial pipeline gasoline Line 3 cents/gal |
| USACB03 | USAC Timing Colonial pipeline gasoline Line 3 cents/gal MAvg |
Platts' current assessments for Colonial Pipeline Line Space include:
| Symbol | Name |
| AAXTB00 | USGC Timing Colonial pipeline gasoline Line 3 |
| AAXTE00 | USGC Timing Colonial pipeline distillates Line 3 |
| AAXTC00 | USGC Timing Colonial pipeline gasoline Line 1+3 |
| AAXTG00 | USGC Timing Colonial pipeline distillates Line 2+3 |
| AAXTA00 | USGC Timing Colonial pipeline gasoline Line 1 |
| AAXTD00 | USGC Timing Colonial pipeline distillates Line 2 |
| AAXTA03 | USGC Timing Colonial pipeline gasoline Line 1 MAvg |
| AAXTB03 | USGC Timing Colonial pipeline gasoline Line 3 MAvg |
| AAXTC03 | USGC Timing Colonial pipeline gasoline Line 1+3 MAvg |
| AAXTD03 | USGC Timing Colonial pipeline distillates Line 2 MAvg |
| AAXTE03 | USGC Timing Colonial pipeline distillates Line 3 MAvg |
| AAXTG03 | USGC Timing Colonial pipeline distillates Line 2+3 MAvg |
The assessments will appear on PGA and PRF pages 156, 330, 331, 430, and 431 as well as in US Marketscan, Oilgram Price Report, and on Platts Core.
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