Plains All American Pipeline, L.P. (NYSE:PAA) announced a quarterly cash distribution of $0.995 per unit ($3.98 per unit on an annualized basis) on all of its outstanding limited partner units. The distribution will be payable on November 14, 2011, to holders of record of such units at the close of business on November 4, 2011. This distribution represents an increase of approximately 4.7% over the quarterly distribution of $0.95 per unit ($3.80 per unit on an annualized basis) paid in November 2010 and an increase of approximately 1.3% from the quarterly distribution of $0.9825 per unit ($3.93 per unit on an annualized basis) paid in August 2011. As of this distribution, PAA will have increased its quarterly distribution to limited partners in 28 out of the past 30 quarters and consecutively in each of the past nine quarters.

Plains All American Pipeline, L.P. engages in the transportation, storage, terminalling, and marketing of crude oil, refined products, and liquefied petroleum gas and other natural gas-related petroleum products (LPG) in the United States and Canada.

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