September 5, 2017 / 4:14 PM / 10 months ago

Valero seeks FERC waiver to Colonial Pipeline fuel specifications after Harvey

NEW YORK, Sept 5 (Reuters) - Valero Energy Corp, the largest U.S. independent refiner, asked federal regulators to allow or direct Colonial Pipeline Co to lift gasoline grade requirements in the wake of Hurricane Harvey, a filing showed on Tuesday.

Valero said Colonial's move to restrict the grades of gasoline flowing on its system is inconsistent with the intended effect of the U.S. Environmental Protection Agency's emergency fuel waivers for 38 states and Washington, D.C. after Harvey shut refineries and spiked gasoline prices.

Reporting by Devika Krishna Kumar in New York

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