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Genesis Energy, L.P. Announces Increase in Distribution to $0.18

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Golden_Cross Member Level  Monday, 04/24/06 12:10:59 PM
Re: Golden_Cross post# 1
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Genesis Energy, L.P. Announces Increase in Distribution to $0.18
Thursday April 20, 9:00 am ET


HOUSTON--(BUSINESS WIRE)--April 20, 2006--Genesis Energy, L.P. (AMEX:GEL - News) announced today that it will pay a regular quarterly distribution of $0.18 per Common Unit on May 15, 2006, to Common Unitholders of record at the close of business on May 2, 2006. This distribution represents an increase of approximately 5.9% over the February 2006 distribution of $0.17 and an increase of 20% over the May 2005 distribution of $0.15.
Genesis Energy, L.P. operates crude oil common carrier pipelines and is an independent gatherer and marketer of crude oil in North America, with operations concentrated in Texas, Louisiana, Alabama, Florida and Mississippi. Genesis Energy, L.P. also operates an industrial gas business.



Contact:
Genesis Energy, L.P., Houston
Ross A. Benavides, 713-860-2528



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