Our Merchant Services segment is a wholesale distributor of refined petroleum products in the continental United States and in the Caribbean. This segment increases the utilization of our existing pipeline and terminalling assets by marketing refined petroleum products in certain areas served by our pipelines and terminals. This segment’s customers consist principally of product wholesalers and major commercial users of refined petroleum products, including gasoline, propane, ethanol, biodiesel and petroleum distillates such as heating oil, diesel fuel and kerosene. This segment also provides fuel oil supply and distribution services to third parties in the Caribbean.
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