Plains All American Pipeline L.P. (PAA) yesterday announced the acquisition of certain pipelines, a manifold system and approximately 400,000 barrels of crude oil storage capacity from Holly Corporation (HOC) for $40 million. The deal includes 6 tanks, 9 receiving pipelines and related assets and contract rights located at or associated with Holly’s Tulsa, Oklahoma refinery.  Apart from the sale, the companies entered into a tank lease and throughput agreement, allowing Holly to use the acquired tankage for a monthly payment and pipelines for a fee. Holly will maintain ownership of the remaining 2.8 million barrels of intermediate and finished petroleum product tankage that was acquired as part of Holly's Tulsa refinery acquisition from Sunoco in June 2009.  Plains and Holly have also agreed to work together to identify and capture contango storage opportunities.  Plains All American Pipeline L.P. is a publicly traded master limited ...