EXHIBIT 99.1


Contacts:  PHILLIP D. KRAMER                        A PATRICK DIAMOND
--------   Executive Vice President and CFO         Manager, Special Projects
           713/646-4560 - 800/564-3036              713/646-4487 - 800/564-3036


FOR IMMEDIATE RELEASE
---------------------

                  PLAINS ALL AMERICAN PIPELINE, L.P. ANNOUNCES
                      PRICING OF 4.5 MILLION COMMON UNITS

     (Houston - October 26, 2001) Plains All American Pipeline, L.P. (NYSE: PAA)
today announced the issuance and sale by the Partnership of 4,500,000 Common
Units at a public offering price of $26.40 per unit. Salomon Smith Barney served
as lead underwriter for the offering. UBS Warburg, A.G. Edwards & Sons, Inc.,
Wachovia Securities and Dain Rauscher Wessels served as co-managers for the
offering.

     Excluding the underwriters' over-allotment option, net proceeds from the
offering will be approximately $116.0 million, including the general partner's
proportional capital contribution and expenses associated with the offering.
These proceeds will be used to reduce indebtedness under the Partnership's
revolving credit facility, providing the Partnership with additional financial
flexibility to fund its organic and acquisition growth objectives. The
underwriters were also granted an option to purchase up to an additional 675,000
Common Units.

     Copies of the final prospectus relating to these securities may be obtained
from Salomon Smith Barney Inc., 88 Greenwich Street, New York, New York 10013.
Any offering shall be made only by means of a final prospectus. This press
release shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale in any state in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under the
securities laws of any such state.

     Except for the historical information contained herein, the matters
discussed in this news release are forward-looking statements that involve
certain risks and uncertainties.

     Plains All American Pipeline, L.P. is engaged in interstate and intrastate
crude oil transportation, terminalling and storage, as well as crude oil
gathering and marketing activities, primarily in Texas, California, Oklahoma,
Louisiana and the Gulf of Mexico and the Canadian Provinces of Alberta and
Saskatchewan. The Partnership's common units are traded on the New York Stock
Exchange under the symbol "PAA." The Partnership is headquartered in Houston,
Texas.

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