<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PLAINS ALL AMERICAN PIPELINE, L.P. CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31, 1998, AND CONSOLIDATED STATEMENT OF INCOME FOR THE PERIOD FROM NOVEMBER 23, 1998 TO DECEMBER 31, 1998. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 1-MO <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> NOV-23-1998 <PERIOD-END> DEC-31-1998 <CASH> 5,503 <SECURITIES> 0 <RECEIVABLES> 119,514 <ALLOWANCES> 0 <INVENTORY> 37,711 <CURRENT-ASSETS> 166,851 <PP&E> 378,835 <DEPRECIATION> 799 <TOTAL-ASSETS> 610,208 <CURRENT-LIABILITIES> 157,520 <BONDS> 175,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 277,643 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 610,208 <SALES> 176,445 <TOTAL-REVENUES> 176,457 <CGS> 168,946 <TOTAL-COSTS> 170,138 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,371 <INCOME-PRETAX> 4,177 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,177 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,177 <EPS-PRIMARY> .14 <EPS-DILUTED> .14