Item 7.01. Regulation FD Disclosure

In accordance with General Instruction B.2. of Form 8-K, the following information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.

Representatives of Plains All American Pipeline, L.P. ("PAA") and PAA Natural Gas Storage, L.P. ("PNG" and, together with PAA, the "Partnerships") intend to make presentations at its 2012 Analyst Day to be held on May 30, 2012 in Houston, Texas. During the meeting, the Partnerships will review their strategic positioning, expansion capital projects, financial strategy, forward outlook and related matters. Prior to the meeting on May 30, 2012, the prepared presentation materials will be made available for viewing on the Partnership's website at www.paalp.com as well as on PNG's website at www.pnglp.com. PAA does not undertake to update the information as posted on its website; however, it may post additional information included in future press releases and Forms 8-K, as well as posting its periodic Exchange Act reports. The Analyst Day presentation will also be webcast live beginning at approximately 12:45 p.m. EDT and will be available for replay for a period of 30 days thereafter at the following weblink: http://www.videonewswire.com/event.asp?id=86806.

---