 Genesis Energy, L.P. NYSE: GEL announced today that it has implemented certain cost savings measures that are expected to result in annual savings of approximately 38 million dollars starting in the third quarter of 2020. In conjunction with these measures, Genesis has executed an amendment to its existing senior secured credit facility that will add back to Adjusted Consolidated EBITDA as calculated under our senior secured credit facility approximately 13.5 million dollars of one-time charges associated with our cost savings initiatives for the test period ending June 30, 2020 and for each of the following three test periods. 