Item 7.01. Regulation FD Disclosure.

On November 29, 2012, Holly Energy Partners, L.P. (the "Partnership") issued a press release announcing that the board of directors of Holly Logistic Services, L.L.C., the general partner of HEP Logistics Holdings, L.P., the general partner of the Partnership, approved a two-for-one split of the Partnership's common units. The two-for-one split will be effected on January 16, 2013, by a distribution of one additional common unit for each common unit outstanding and held by unitholders of record at the close of business on January 7, 2013. A copy of the Partnership's press release is attached hereto as Exhibit 99.1 and incorporated herein in its entirety.

The information contained in, or incorporated into, this Item 7.01 is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference to such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release of the Partnership issued November 29, 2012 announcing two-for-one unit split.*

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* Furnished herewith.