Rack market

Anacortes, WA

#76 of 422 U.S. rack markets by terminals

OPIS rack city 850 Gasoline & diesel Renewable diesel Biodiesel

terminals: 4
pipeline systems delivering: 1
refineries in market: 4
refineries supplying market: 4
people in the trade area: 787,860
gal/day gasoline · estimated demand: 573,628
gal/day diesel · estimated demand: 168,901

Terminals in this market

Terminal	TCN	Location	Delivered by
Olympic Pipeline Company (Bp)	T-91-WA-4436	Mount Vernon, WA	Olympic Pipeline
Phillips 66 Company - Ferndale Refinery	T-91-WA-4427	Ferndale, WA	no pipeline tariff on file
Shell Oil Products US - Puget Sound Refinery	T-91-WA-4400	Anacortes, WA	no pipeline tariff on file
Tesoro Refining And Marketing Company	T-91-WA-4428	Anacortes, WA	no pipeline tariff on file

Pipelines delivering to this market

Each system with a tariff delivery point at one of this market’s terminals, and how many running refineries can ship on it to here.

Pipeline system	Terminals here	Delivery points	Refineries confirmed	All reachable
Olympic Pipeline	1	1	0	4

Refineries that can supply this market

Running refineries that can reach a terminal here by published route, including across connecting carriers, confirmed links first. 0 are confirmed or named in a tariff; 4 are per research; 0 are inferred because the refinery shares a city with a tariff origin. Capacity, contracts and who actually ships are not known from tariffs. Located in this market (nearest rack market, within 50 miles): Marathon Anacortes Refinery; HF Sinclair Puget Sound Refinery; Phillips 66 Ferndale Refinery; BP Cherry Point Refinery.

Refinery	Location	Via	Link
BP Cherry Point Refinery	Ferndale, WA	Olympic Pipeline	per research
HF Sinclair Puget Sound Refinery	Anacortes, WA	Olympic Pipeline	per research
Marathon Anacortes Refinery	Anacortes, WA	Olympic Pipeline	per research
Phillips 66 Ferndale Refinery	Ferndale, WA	Olympic Pipeline	per research

Trade area

people in the trade area · 2025 estimate: 787,860
rank of 422 rack markets by people: #144
gallons of gasoline a day · estimate, 2025: 573,628
gallons of diesel a day · estimate, 2025: 168,901
counties wholly in this market: 3
counties shared with other markets: 6

County	State	Share here	People counted here	Gasoline gal/day	Diesel gal/day	County population	Miles
Snohomish County	WA	31%	269,903	177,068	48,967	870,656	51
Whatcom County	WA	100%	236,392	154,931	44,798	236,392	38
Skagit County	WA	100%	132,975	141,188	47,095	132,975	35
Island County	WA	70%	59,831	31,429	8,628	85,657	28
Clallam County	WA	42%	32,821	25,439	7,048	78,202	68
San Juan County	WA	100%	18,577	5,744	1,170	18,577	25
Chelan County	WA	20%	16,577	14,251	3,985	81,941	102
Okanogan County	WA	26%	11,683	13,296	4,226	45,230	129
Jefferson County	WA	27%	9,141	10,311	2,992	33,970	69

Fuel demand is an estimate: each state’s taxed gallons for the year (FHWA) are split among its counties by where the driving happens (EPA county vehicle miles, weighted by how much fuel each vehicle type burns), then shared to markets as above. Every state adds back to its FHWA total. Gasoline includes the ethanol blended into it; diesel is FHWA’s special fuels. Expect diesel to be least reliable along long-haul corridors, where trucks buy fuel in one county and burn it in another. Population: U.S. Census Bureau county estimates.

How good is it? Checked in October 2026 against the county retail sales Iowa and California publish: for gasoline, about 3–5% of gallons landed in the wrong rack market and a typical market was within 5–6%. For diesel, 14–21% landed in the wrong market and a typical market was 30–45% off, with truck-stop corridors such as Bakersfield and Stockton under-counted. Treat gasoline as a working estimate and diesel as a rough guide.

Cost to serve this market by pipeline

What it costs to move a gallon here from each pipeline origin at filed tariff rates: line-haul, the cost of financing the product on the way and in the tank, pipeline loss, and terminaling. It is a cost at filed rates, not a market price: add it to the origin spot price for a delivered cost. Lines marked "estimate" are placeholders until the pipeline or terminal figure is on file; in the routes table, * marks a figure taken from the tariff.

Gasoline: product adder

¢/gal · lowest adder: 2.74
¢/gal · line-haul tariff · published: 0.51
¢/gal · carrying cost · calculated: 0.40
¢/gal · pipeline loss · estimate: 0.33
¢/gal · terminaling · estimate: 1.50
days financed: 7.6

Lowest route: from Anacortes, Skagit County on Olympic Pipeline to Bayview Terminal, Skagit County (WUTC No. 57 item Route 01).

How the lowest adder is worked, line by line

Line	¢/gal	Basis	Source or working
Line-haul tariff	0.508	published	Olympic Pipeline WUTC No. 57 item Route 01: Anacortes, Skagit County → Bayview Terminal, Skagit County, 21.34 ¢/bbl
Carrying cost	0.402	calculated	$3.260000/gal × 5.9000% ÷ 365 × 7.630 days (0.130 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 13 pipeline miles at 4.0 mph (general estimate)
Pipeline loss	0.326	estimate	flat estimate $0.0033/gal, applied 1 time
Terminaling	1.500	estimate	Flat estimate: no fee on file for this terminal
Product adder	2.736		Sum of the lines above, over the origin spot price

Every published route, lowest adder first (3 of 3). Origins are priced at the same index here. "Origin must be cheaper by" is how far below the lowest route's origin a route's own origin price has to be before that route wins.

Origin	Pipeline	Delivery point	Terminals	Line-haul	Carrying	Loss	Terminaling	Adder ¢/gal	Days	Origin must be cheaper by	Tariff
Anacortes, Skagit County	Olympic Pipeline	Bayview Terminal, Skagit County	Olympic Pipeline Company (Bp)	0.51	0.40	0.33	1.50	2.74	7.6	—	WUTC No. 57 item Route 01 effective 2024: check for a newer filing
Ferndale, Whatcom County	Olympic Pipeline	Bayview Terminal, Skagit County	Olympic Pipeline Company (Bp)	0.78	0.41	0.33	1.50	3.02	7.9	0.28	WUTC No. 57 item Route 02 effective 2024: check for a newer filing
Cherry Point, Whatcom County	Olympic Pipeline	Bayview Terminal, Skagit County	Olympic Pipeline Company (Bp)	0.84	0.42	0.33	1.50	3.08	7.9	0.34	WUTC No. 57 item Route 03 effective 2024: check for a newer filing

Diesel: product adder

¢/gal · lowest adder: 3.06
¢/gal · line-haul tariff · published: 0.51
¢/gal · carrying cost · calculated: 0.58
¢/gal · pipeline loss · estimate: 0.47
¢/gal · terminaling · estimate: 1.50
days financed: 7.6

Lowest route: from Anacortes, Skagit County on Olympic Pipeline to Bayview Terminal, Skagit County (WUTC No. 57 item Route 01).

How the lowest adder is worked, line by line

Line	¢/gal	Basis	Source or working
Line-haul tariff	0.508	published	Olympic Pipeline WUTC No. 57 item Route 01: Anacortes, Skagit County → Bayview Terminal, Skagit County, 21.34 ¢/bbl
Carrying cost	0.580	calculated	$4.700000/gal × 5.9000% ÷ 365 × 7.630 days (0.130 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 13 pipeline miles at 4.0 mph (general estimate)
Pipeline loss	0.470	estimate	flat estimate $0.0047/gal, applied 1 time
Terminaling	1.500	estimate	Flat estimate: no fee on file for this terminal
Product adder	3.058		Sum of the lines above, over the origin spot price

Origin	Pipeline	Delivery point	Terminals	Line-haul	Carrying	Loss	Terminaling	Adder ¢/gal	Days	Origin must be cheaper by	Tariff
Anacortes, Skagit County	Olympic Pipeline	Bayview Terminal, Skagit County	Olympic Pipeline Company (Bp)	0.51	0.58	0.47	1.50	3.06	7.6	—	WUTC No. 57 item Route 01 effective 2024: check for a newer filing
Ferndale, Whatcom County	Olympic Pipeline	Bayview Terminal, Skagit County	Olympic Pipeline Company (Bp)	0.78	0.60	0.47	1.50	3.35	7.9	0.29	WUTC No. 57 item Route 02 effective 2024: check for a newer filing
Cherry Point, Whatcom County	Olympic Pipeline	Bayview Terminal, Skagit County	Olympic Pipeline Company (Bp)	0.84	0.60	0.47	1.50	3.41	7.9	0.35	WUTC No. 57 item Route 03 effective 2024: check for a newer filing

Inputs and assumptions behind these figures

Product value (for carrying cost and loss only): the prior day's spot price. Gasoline: OilPriceAPI GASOLINE_RBOB_USD, 2026-10-07. Diesel: OilPriceAPI HEATING_OIL_USD, 2026-10-07. These are the New York Harbor futures benchmarks, not a Gulf Coast price.
Interest rate: SOFR 3.90% (2026-10-06) + 2.0 points.
Transit (estimate): straight-line miles between the tariff origin and delivery point × 1.15, at 4.0 mph unless the pipeline has its own figure.
Days financed (estimate): transit, plus half a 5-day shipping cycle waiting to lift, plus 5 days of stock at the terminal.
Pipeline loss: the charge or volume deduction the tariff states, where it states one (marked *; a deduction is costed at the product value above). Otherwise an estimate of 0.10% of product value per pipeline, two for a joint rate; that includes pipelines that share out actual losses without publishing a figure.
Terminaling: the carrier's terminal charge where its tariff states one (marked *), otherwise a flat 1.5¢/gal estimate.
Rates used: each pipeline's ordinary filed rate. Committed, volume-tier, discount and bid rates are left out, as are conditional fees (shown on each pipeline page), additives, taxes and the value of line space.
Assumption set in force from 2026-10-01; review by 2027-01-01.

Published line-haul rates, all products and rate types

¢/gal · cheapest gasoline · from Anacortes, Skagit County on Olympic Pipeline: 0.51
¢/gal · cheapest diesel · from Anacortes, Skagit County on Olympic Pipeline: 0.51

Origin	Pipeline	Delivery point	Product	¢/bbl	¢/gal	Refineries at the origin	Tariff
Anacortes, Skagit County	Olympic Pipeline	Bayview Terminal, Skagit County per research	gasoline, distillate	21.34	0.51	HF Sinclair Puget Sound Refinery; Marathon Anacortes Refinery	WUTC No. 57 item Route 01
Ferndale, Whatcom County	Olympic Pipeline	Bayview Terminal, Skagit County per research	gasoline, distillate	32.69	0.78	Phillips 66 Ferndale Refinery	WUTC No. 57 item Route 02
Cherry Point, Whatcom County	Olympic Pipeline	Bayview Terminal, Skagit County per research	gasoline, distillate	35.17	0.84	BP Cherry Point Refinery	WUTC No. 57 item Route 03

Supply resilience

pipeline supply: One pipeline
pipeline systems delivering: 1
terminals on two or more pipelines: 0
terminals with no pipeline tariff: 3

One pipeline system delivers here: Olympic Pipeline. An outage on it leaves the market to truck, rail or water.

If a pipeline system goes down

Pipeline system	Terminals it reaches here	With no other pipeline	Which
Olympic Pipeline	1	1	Olympic Pipeline Company (Bp)

Counts pipeline systems with a tariff delivery point here, not capacity, storage or contracts. A system with two lines into the market still counts once, and a terminal with one pipeline may also receive by truck, rail or water. For a refinery or pipeline outage across every market it touches, open that facility’s page.

Delivered ethanol cost

¢/gal over Chicago ethanol · lowest in the market: +24.66
¢/gal over Chicago ethanol · highest: +24.68

An estimate for each terminal: the cheapest of published rail rates and trucking from the nearest plants, plus basis, transload, terminaling and carrying cost. Each terminal page shows the build-up line by line.

Terminal	¢/gal over Chicago	By	From	Miles
Olympic Pipeline Company (Bp)	+24.66	rail	Arkalon Ethanol LLC (Liberal, KS)	1,837
Shell Oil Products US - Puget Sound Refinery	+24.67	rail	Arkalon Ethanol LLC (Liberal, KS)	1,845
Tesoro Refining And Marketing Company	+24.67	rail	Arkalon Ethanol LLC (Liberal, KS)	1,846
Phillips 66 Company - Ferndale Refinery	+24.68	rail	Arkalon Ethanol LLC (Liberal, KS)	1,868

Nearby rack markets

Rack markets within 75 miles (straight line): where a buyer here could also lift.

Rack market	Miles	Terminals	Pipelines
Seattle, WA	73	6	2

Around the market

This market Its terminals Nearby market

Open supply footprint in full map

Pump prices nearby

$5.424 Regular gasoline · Washington · -0.5% on the week · +21.9% on the year

$7.229 Diesel · PADD 5 · -1.7% on the week · +59.5% on the year

EIA weekly retail survey, week of 2026-10-05: the closest area EIA reports, not this market alone.

Fuel taxes · Washington

78.6 ¢/gal Gasoline · state 60.2¢ + federal 18.4¢ (excise 56.5¢, other state taxes and fees 3.7¢)

87.6 ¢/gal Diesel · state 63.2¢ + federal 24.4¢ (excise 59.5¢, other state taxes and fees 3.7¢)

Taxed at: terminal rack
Figured on billed gallons
Counties or cities may add their own fuel tax.

Rates: EIA, in effect July 1, 2026, without county or city taxes. Rules: Federation of Tax Administrators, September 2025. Not tax advice: check the state agency before relying on a rate.

Terminal operators

4 operators; the largest, Olympic Pipeline Company (Bp), runs 25% of the terminals.

Olympic Pipeline Company (Bp) 1 terminal · 25%
Phillips 66 1 terminal · 25%
Shell 1 terminal · 25%
Marathon / MPLX 1 terminal · 25%

Concentration index 2,500 (10,000 = one operator). By terminal count as named on the IRS list, not volume; affiliates under other names may be counted apart.

In the state

8 rack markets in WA.

Source

Rack market list and codes from OPIS; terminals from the IRS Terminal Control Number list; pipeline reach from published FERC and state tariffs; refinery links from tariffs and sourced research. Rack prices and suppliers posting at each terminal are not shown yet.

Rates are pipeline line-haul transcribed from published FERC tariffs; every figure cites its tariff and item. Cost to serve (netback) adds origin spot price and destination fees. "Confirmed" links match a tariff delivery point to the facility; "same city" means the point is in the facility's city — plausible, not proof; "per research" means the facility's research profile names the pipeline as an outlet.