Colonial Pipeline Co, the largest U.S. refined products system, said on Tuesday it would go back to rationing space on its main gasoline line, as demand to haul fuel recovered amid stronger prices in the country’s populous northeast. Gasoline prices in the East Coast are still firm after rallying to the strongest levels this year in July as inventories draw down from a record and a spate of refinery issues. Colonial’s main gasoline line, with a capacity of about 1.2 million barrels per day, connects the refinery-hub of the Gulf Coast to the East Coast and news of increased flows to the region sent U.S. gasoline futures tumbling to a near two-week low. Cash gasoline prices in the New York harbor region also eased, traders and brokers said. The company said it would allocate space on the pipeline segment north of Collins, Mississippi for the next five-day […]