NEW YORK (CNN/Money) -
A major pipeline supplying refined crude products from the Gulf to the East Coast is now running at full capacity and is delivering into all locations along its system.
The Colonial Pipeline, based in Alpharetta, Ga., returned to full operating conditions late Monday and full commercial electrical power has been restored to the pipeline, the company said in a statement.
Colonial Pipeline was one of two pipelines taken off-line by power outages caused by Hurricane Katrina last week. The shutdown backlogged the distribution of gasoline supplies and sent prices surging on worries of a shortage.
Colonial, which consists of more than 5,500 miles of pipeline, delivers a daily average of 100 million gallons of gasoline, home heating oil, aviation fuel and other refined petroleum products to key terminals and distribution centers along the Eastern seaboard.
"We are all very pleased that Colonial is once again safely delivering both gasoline and distillates all along our system," David Lemmon, Colonial president and CEO, said in the statement.
Gas prices finally take a break. For more, click here.