Terminal
Kinder Morgan Liquids Terminals LLC
1306 Canal Blvd, Richmond, CA 94807
- pipelines supplying
- 1
- confirmed delivery points
- 0
- lowest ¢/bbl into this terminal
- 32.36
- terminals within 100 mi
- 28
Products available
As published by Kinder Morgan, effective 2026-09-28. Check with the terminal for current availability. Storage capacity: 639,271 barrels.
- Gasoline
- CARB gas
- Diesel
- CARB ULSD
- Ethanol
- Ethanol
- Additives
- Midgrade blending Ethanol storage and ratio rack blending CARB detergent additive systems Diesel red dye injection services Product blending Additive Handling/Injection:
Source: Kinder Morgan products terminals ("Richmond Products Terminal")
Supplied by
Tariff delivery points this terminal sits on.
| Pipeline | Delivery point | Products | Match | Source |
|---|---|---|---|---|
| Kinder Morgan SFPP | Richmond | same city |
Can be sourced from
| Origin | Pipeline or mode | Refineries at origin | ¢/bbl | Source |
|---|---|---|---|---|
| Benicia CA | Kinder Morgan SFPP | junction or tank farm | 32.36 | Cal PUC No. 161 |
Cost to serve this terminal by pipeline
What it costs to move a gallon here from a supply 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. The figure shown is the lowest route that starts where product enters the pipeline system; where a second pipeline is needed to reach here, both are costed. 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 · product adder
- 2.67
- ¢/gal · line-haul tariff · published
- 0.77
- ¢/gal · carrying cost · calculated
- 0.40
- ¢/gal · pipeline loss · published
- 0.00
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 7.7
Route used: from Benicia on Kinder Morgan SFPP to Richmond (Cal PUC No. 161 item 310).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 0.771 | published | Kinder Morgan SFPP Cal PUC No. 161 item 310: Benicia → Richmond, 32.36 ¢/bbl |
| Carrying cost | 0.397 | calculated | $3.200000/gal × 5.8800% ÷ 365 × 7.698 days (0.198 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 19 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.000 | published | Kinder Morgan SFPP Cal PUC No. 159 (rules) item 110.3: actual overages and shortages are settled in cash each billing period, and the carrier credits the shipper for any shortage at an OPIS price, so no loss is deducted: 0.00% of volume at $3.2000/gal = 0.00 ¢/bbl |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 2.667 | Sum of the lines above, over the origin spot price |
Diesel: product adder
- ¢/gal · product adder
- 2.88
- ¢/gal · line-haul tariff · published
- 0.77
- ¢/gal · carrying cost · calculated
- 0.61
- ¢/gal · pipeline loss · published
- 0.00
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 7.7
Route used: from Benicia on Kinder Morgan SFPP to Richmond (Cal PUC No. 161 item 310).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 0.771 | published | Kinder Morgan SFPP Cal PUC No. 161 item 310: Benicia → Richmond, 32.36 ¢/bbl |
| Carrying cost | 0.614 | calculated | $4.950000/gal × 5.8800% ÷ 365 × 7.698 days (0.198 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 19 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.000 | published | Kinder Morgan SFPP Cal PUC No. 159 (rules) item 110.3: actual overages and shortages are settled in cash each billing period, and the carrier credits the shipper for any shortage at an OPIS price, so no loss is deducted: 0.00% of volume at $4.9500/gal = 0.00 ¢/bbl |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 2.884 | Sum of the lines above, over the origin spot price |
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, 2026-10-19. Diesel: OilPriceAPI HEATING_OIL_USD, 2026-10-19. These are the New York Harbor futures benchmarks, not a Gulf Coast price.
- Interest rate: SOFR 3.88% (2026-10-16) + 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 (once for each pipeline on a two-pipeline route), 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, and tariffs that state no loss term.
- Terminaling: the carrier's terminal charge where its tariff states one (marked *), otherwise a flat 1.5¢/gal estimate.
- Which route sets the figure: the lowest one that starts at a supply origin. On Colonial that is Houston. A rate that starts part-way along a pipeline, or at a secondary origin, stays in the table but does not set the figure. Where a rate starts at a point another carrier delivers to, the first carrier's lowest rate into that point is added, with its loss and time in the pipe; terminaling is charged once. The same is done where one pipeline files the movement as two rates. Which origins are treated this way is our own review of each system, not a statement in a tariff.
- 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.
Stored snapshots of the product adder
Kept weekly, and whenever a tariff, terminal link, loss term or assumption changes. "What moved" compares each snapshot with the one before it.
| Snapshot | Product | Route | Adder ¢/gal | What moved |
|---|---|---|---|---|
| 2026-10-14 | Diesel | Benicia · Kinder Morgan SFPP | 2.88 | carrying cost +0.03¢ |
| 2026-10-14 | Gasoline | Benicia · Kinder Morgan SFPP | 2.67 | carrying cost −0.00¢ |
| 2026-10-11 | Diesel | Benicia · Kinder Morgan SFPP | 2.85 | carrying cost −0.02¢ |
| 2026-10-11 | Gasoline | Benicia · Kinder Morgan SFPP | 2.68 | carrying cost −0.00¢ |
| 2026-10-09 | Diesel | Benicia · Kinder Morgan SFPP | 2.87 | first snapshot |
| 2026-10-09 | Gasoline | Benicia · Kinder Morgan SFPP | 2.68 | first snapshot |
Terminals within 100 miles
| Terminal | City | Miles | Products (inferred from supply) |
|---|---|---|---|
| Phillips 66 Pipeline - Richmond T-68-CA-4617 | Richmond, CA | 0.2 | gasoline distillate |
| Transmontaigne Operating Company LP T-94-CA-4705 | Richmond, CA | 0.5 | gasoline distillate |
| IMTT - RICHMOND CA T-68-CA-4619 | Richmond, CA | 0.7 | gasoline distillate |
| Chevron USA Incorporated- Richmond T-68-CA-4616 | Richmond, CA | 2.4 | gasoline distillate jet fuel |
| Union Pacific Oakland Fuel Warehouse T-94-CA-4706 | Oakland, CA | 8.2 | distillate |
| Swissport Fueling Incorporated(Oakland) T-94-CA-4702 | Oakland, CA | 9.0 | jet fuel |
| Shore Terminals, LLC - Crockett, CA T-68-CA-4605 | Crockett, CA | 11.3 | gasoline distillate |
| Aircraft Service International, Inc - SF Airport T-94-CA-4701 | San Francisco, CA | 13.1 | jet fuel |
| SFPP LP Terminals-Brisbane T-94-CA-4700 | Brisbane, CA | 15.3 | gasoline distillate |
| Martinez Terminal Company LLC T-68-CA-4610 | Martinez, CA | 15.5 | unknown |
| Valero Refining Company - Benicia T-68-CA-4603 | Benicia, CA | 16.6 | gasoline distillate |
| Chevron USA Incorporated - Avon T-68-CA-4607 | Martinez, CA | 18.1 | unknown |
| Tesoro Logistics Operations LLC T-68-CA-4611 | Martinez, CA | 18.2 | gasoline distillate |
| Seaport Refining & Environmental LLC T-77-CA-4665 | Redwood City, CA | 29.8 | gasoline distillate residual fuel |
| Shell Oil Products U.S. T-77-CA-4653 | San Jose, CA | 43.6 | gasoline distillate jet fuel biodiesel renewable diesel transmix |
| Swissport Fueling, Inc. T-77-CA-4666 | San Jose, CA | 43.9 | gasoline distillate jet fuel biodiesel renewable diesel transmix |
| SFPP LP Terminals-San Jose T-77-CA-4652 | San Jose, CA | 43.9 | gasoline distillate jet fuel biodiesel renewable diesel transmix |
| Chevron USA Incorporated - San Jose T-77-CA-4650 | San Jose, CA | 46.2 | gasoline distillate jet fuel biodiesel renewable diesel transmix |
| Shell Oil Products U.S. - Stockton T-68-CA-4628 | Stockton, CA | 55.7 | gasoline distillate jet fuel |
| Tesoro Logistics Operations LLC T-68-CA-4629 | Stockton, CA | 56.3 | gasoline distillate jet fuel |
| NuStar Terminal Operations Partnership L.P. - Stockton, CA T-68-CA-4626 | Stockton, CA | 56.4 | biodiesel renewable diesel |
| Arrow Infrastructure Holding T-68-CA-4609 | Stockton, CA | 56.4 | gasoline distillate jet fuel |
| Chevron USA Incorporated - Banta T-68-CA-4604 | Tracy, CA | 56.7 | gasoline distillate jet fuel |
| Conduit Infrastructure T-68-CA-4612 | West Sacramento, CA | 64.4 | gasoline distillate jet fuel biodiesel renewable diesel transmix |
| Phillips 66 Pipeline - Sacramento T-68-CA-4624 | Sacramento, CA | 64.6 | gasoline distillate jet fuel biodiesel renewable diesel transmix |
| Chevron USA Incorporated - Sacramento T-68-CA-4621 | Sacramento, CA | 64.7 | gasoline distillate jet fuel biodiesel renewable diesel transmix |
| SFPP LP Terminals-Bradshaw T-68-CA-4613 | Rancho Cordova, CA | 72.1 | gasoline distillate jet fuel biodiesel renewable diesel transmix |
| Union Pacific Roseville Fuel Warehouse T-94-CA-4707 | Roseville, CA | 82.0 | distillate |
Delivered ethanol cost
Estimate over Chicago ethanol (CHI)
+27.56¢/gal
From Arkalon Ethanol LLC (Liberal, KS) by UP single tank car, Optima, OK → RPRC group, CA: about 1,618 rail miles and 12.7 days in transit, then transload and truck to the rack.
Assumptions: TOE (Round 2 adders, realistic transit)
| Cost line | ¢/gal | How |
|---|---|---|
| Basis | -12.50 | table · Origin-state discount to Chicago |
| Rail tariff | +26.07 | published · UP 2028-A-1390-BK p.112 |
| Rail car lease | +5.39 | calculated · 1,300/month, 10 + 2 + 2 × 12.65 days |
| Fuel surcharge | +0.50 | flat |
| Transload | +1.25 | flat |
| Truck freight | +1.25 | flat · Transload to terminal |
| Wholesale margin | +0.00 | flat |
| Terminal charge | +5.00 | flat · SFPP facilities charge |
| Carrying cost | +0.61 | calculated · $2.262 × 5% ÷ 365 × (12.65 + 7 days) |
| Delivered over CHI | +27.56 |
- Built on an expired rate: UP 2028-A expired 2023-09-30; current rates must be re-acquired.
- 10 plant(s) in CA, CO, WI not costed: no basis to Chicago on record for those states.
Options compared
| Origin | Move | Days | Basis ¢ | Delivered ¢/gal |
|---|---|---|---|---|
| Arkalon Ethanol LLC Liberal, KS | UP · Optima, OK → RPRC group, CA | 12.7 | -12.50 | +27.56 |
| Midwest Renewable Energy LLC Sutherland, NE | UP · Cozad, NE → RPRC group, CA | 12.6 | -12.50 | +29.10 |
| Mgp Ingredients Inc Atchison, KS | UP · Kansas City, MO → RPRC group, CA | 14.9 | -12.50 | +29.29 |
| Kaapa Ethanol Ravenna LLC Ravenna, NE | UP · Grand Island, NE → RPRC group, CA | 12.9 | -12.50 | +29.47 |
| Western Plains Energy LLC Oakley, KS | UP · Sharon Springs, KS → RPRC group, CA | 12.6 | -12.50 | +29.55 |
| Chief Ethanol Fuels Inc Hastings, NE | UP · Hastings, NE → RPRC group, CA | 14.5 | -12.50 | +29.71 |
| Pratt Energy LLC Pratt, KS | UP · Pratt, KS → RPRC group, CA | 14.4 | -12.50 | +29.80 |
| Kansas Ethanol LLC Lyons, KS | UP · KO group, KS → RPRC group, CA | 14.5 | -12.50 | +29.82 |
| Purefield Ingredients LLC Russell, KS | UP · Wakeeney, KS → RPRC group, CA | 14.5 | -12.50 | +30.14 |
| GreenAmerica Biofuels Ord LLC Ord, NE | UP · NCRC group, NE → RPRC group, CA | 12.9 | -12.50 | +30.27 |
Published rail rates into this terminal
Destination rate group: RPRC group, CA (UP) (Richmond is a listed station). Published single-car tank-car rates from the ethanol plants in each origin group, cheapest first — ¢/gal at 30,000 gal a car, line haul only. Delivery here assumes a rail or transload point in the group, then truck to the rack.
Historical single-car rates from the September 2023 UP 2028-A book (expired September 30, 2023). UP has since announced increases, including +$400 per car on Item 1301 (unit train) and Item 1360 (manifest) from October 1, 2026 (UP announcement BU2026-24). Subject to UP fuel surcharge.
| From rate group | Railroad | $/car | ¢/gal | Ethanol plants in the group | Tariff |
|---|---|---|---|---|---|
| Optima, OK | UP | 7,820 | 26.07 |
Arkalon Ethanol LLC Liberal, KS |
UP 2028-A-1390-BK p.112 |
| Kansas City, MO | UP | 8,120 | 27.07 |
Lifeline Biofuels LLC Saint Joseph, MO East Kansas Agri-Energy LLC Garnett, KS Mgp Ingredients Inc Atchison, KS |
UP 2028-A-1390-BK p.112 |
| Denver, CO | UP | 8,170 | 27.23 |
Sterling Ethanol LLC Sterling, CO Front Range Energy LLC Windsor, CO |
UP 2028-A-1390-BK p.112 |
| Cozad, NE | UP | 8,290 | 27.63 |
Chief Ethanol Fuels Inc Lexington, NE Midwest Renewable Energy LLC Sutherland, NE |
UP 2028-A-1390-BK p.112 |
| Hastings, NE | UP | 8,290 | 27.63 |
Chief Ethanol Fuels Inc Hastings, NE |
UP 2028-A-1390-BK p.112 |
| KO group, KS | UP | 8,320 | 27.73 |
Kansas Ethanol LLC Lyons, KS Cardinal Colwich LLC Colwich, KS |
UP 2028-A-1390-BK p.112 |
| Pratt, KS | UP | 8,320 | 27.73 |
Pratt Energy LLC Pratt, KS |
UP 2028-A-1390-BK p.112 |
| Grand Island, NE | UP | 8,370 | 27.90 |
Kaapa Ethanol Ravenna LLC Ravenna, NE Green Plains Central City LLC Central City, NE Green Plains Wood River LLC Wood River, NE + 1 more |
UP 2028-A-1390-BK p.112 |
| Sharon Springs, KS | UP | 8,420 | 28.07 |
Western Plains Energy LLC Oakley, KS |
UP 2028-A-1390-BK p.112 |
| Wakeeney, KS | UP | 8,420 | 28.07 |
Purefield Ingredients LLC Russell, KS |
UP 2028-A-1390-BK p.112 |
| Group 3, NE | UP | 8,450 | 28.17 |
VCP Corn Processing Columbus, NE Cargill Inc Blair, NE Southwest Iowa Renewable Council Bluffs, IA + 1 more |
UP 2028-A-1390-BK p.112 |
| IANR group, IA | UP | 8,490 | 28.30 |
Absolute Energy LLC St Ansgar, IA POET Biorefining - Fairbank LLC Fairbank, IA POET Biorefining - Shell Rock LLC Shell Rock, IA |
UP 2028-A-1390-BK p.112 |
| Nevada, IA | UP | 8,490 | 28.30 |
Valero Renewable Fuels LLC Charles City, IA Golden Grain Energy LLC Mason City, IA Louis Dreyfus Co Grand Junction, IA + 5 more |
UP 2028-A-1390-BK p.112 |
| Ashton, IA | UP | 8,570 | 28.57 |
Plymouth Energy LLC Merrill, IA POET Biorefining - Ashton LLC Ashton, IA |
UP 2028-A-1390-BK p.112 |
| Cedar Rapids, IA | UP | 8,570 | 28.57 |
VCP Corn Processing Cedar Rapids, IA ADM Cedar Rapids IA Wet Mill Cedar Rapids, IA ADM Clinton IA Clinton, IA + 1 more |
UP 2028-A-1390-BK p.112 |
| Interior Iowa Heavy, IA | UP | 8,610 | 28.70 |
Little Sioux Corn Processors LLLP Marcus, IA Valero Renewable Fuels LLC Fort Dodge, IA Valero Renewable Fuels LLC Hartley, IA + 9 more |
UP 2028-A-1390-BK p.112 |
| NCRC group, NE | UP | 8,610 | 28.70 |
Valero Renewable Fuels LLC Albion, NE Husker Ag LLC Plainview, NE GreenAmerica Biofuels Ord LLC Ord, NE + 2 more |
UP 2028-A-1390-BK p.112 |
| South Dakota, SD | UP | 8,630 | 28.77 |
POET Biorefining - Hudson LLC Hudson, SD Siouxland Energy Cooperative Sioux Center, IA |
UP 2028-A-1390-BK p.112 |
| Interior Iowa Light, IA | UP | 8,650 | 28.83 |
Valero Renewable Fuels LLC Albert City, IA Valero Renewable Fuels LLC Lakota, IA Green Plains Superior LLC Superior, IA |
UP 2028-A-1390-BK p.112 |
| Hope, MN | UP | 8,670 | 28.90 |
POET Biorefining - Glenville LLC Glenville, MN |
UP 2028-A-1390-BK p.112 |
| Brewster, MN | UP | 8,710 | 29.03 |
Guardian Energy LLC Janesville, MN Heron Lake Bioenergy LLC Heron Lake, MN POET Biorefining - Lake Crystal LLC Lake Crystal, MN + 1 more |
UP 2028-A-1390-BK p.112 |
| Southern Wisconsin | UP | 8,880 | 29.60 |
Aztalan Bio LLC Jefferson, WI Badger State Ethanol LLC Monroe, WI United Wisconsin Grain Producers LLC Friesland, WI + 4 more |
UP 2028-A-1390-BK p.112 |
| Allen, IL | UP | 8,990 | 29.97 |
Alto Pekin LLC Pekin, IL Alto ICP LLC Pekin, IL Alto Pekin Inc Pekin, IL + 1 more |
UP 2028-A-1390-BK p.112 |
| Chicago, IL | UP | 8,990 | 29.97 | Chicago index barrels (CHI) | UP 2028-A-1390-BK p.112 |