Terminal
GLOBAL COMPANIES, LLC
1320 West Shaw St., Pasadena, TX 77501
T-76-TX-2782
Rack market · Houston, TX
- pipelines supplying
- 1
- confirmed delivery points
- 1
- lowest ¢/bbl into this terminal
- 53.54
- terminals within 100 mi
- 40
Supplied by
Tariff delivery points this terminal sits on.
| Pipeline | Delivery point | Products | Match | Source |
|---|---|---|---|---|
| Magellan Midstream | Pasadena-Motiva, TX | gasoline distillate | confirmed | Texas No. 50.31.0 |
Can be sourced from
| Origin | Pipeline or mode | Refineries at origin | ¢/bbl | Source |
|---|---|---|---|---|
| East Houston, TX TX | Magellan Midstream | Petromax Refining CO LLC | 53.54 | Texas No. 50.31.0 |
| Valero Refining-Texas Houston Refinery TX | Magellan Midstream joint | Valero Refining CO Texas LP | 64.66 | Texas No. 80.8.0 |
| Valero Houston Refinery TX | By barge medium barge · 2 mi straight-line |
Valero Houston Refinery | No published rate | Barge on Houston Ship Channel (inferred from terminal research) |
| Pemex Deer Park Refinery (Deer Park Refining Limited Partnership) TX | By barge medium barge · 6 mi straight-line |
Pemex Deer Park Refinery (Deer Park Refining Limited Partnership) | No published rate | Barge on Houston Ship Channel (inferred from terminal research) |
| ExxonMobil Baytown Refinery TX | By barge medium barge · 15 mi straight-line |
ExxonMobil Baytown Refinery | No published rate | Barge on Houston Ship Channel (inferred from terminal research) |
| Marathon Galveston Bay Refinery TX | By barge medium barge · 29 mi straight-line |
Marathon Galveston Bay Refinery | No published rate | Barge on Houston Ship Channel (inferred from terminal research) |
| Valero Texas City Refinery TX | By barge medium barge · 31 mi straight-line |
Valero Texas City Refinery | No published rate | Barge on Houston Ship Channel (inferred from terminal research) |
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
- 3.48
- ¢/gal · line-haul tariff · published
- 1.27
- ¢/gal · carrying cost · calculated
- 0.39
- ¢/gal · pipeline loss · published
- 0.32
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 7.5
Route used: from East Houston, TX on Magellan Midstream to Pasadena-Motiva, TX (Texas No. 50.31.0 item 180).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 1.275 | published | Magellan Midstream Texas No. 50.31.0 item 180: East Houston, TX → Pasadena-Motiva, TX, 53.54 ¢/bbl |
| Carrying cost | 0.387 | calculated | $3.180000/gal × 5.8900% ÷ 365 × 7.538 days (0.038 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 4 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.318 | published | Magellan Midstream Texas No. 49.27.0 (rules), tender deduction: 0.10% of volume at $3.1800/gal = 13.36 ¢/bbl |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 3.480 | Sum of the lines above, over the origin spot price |
Every published route, lowest adder first (2 of 2). Origins are priced at the same index here. "Origin must be cheaper by" is how far below the price at the origin of the route used above a route's own origin price has to be before that route wins.
| Origin | Pipeline | Delivery point | Line-haul | Carrying | Loss | Terminaling | Adder ¢/gal | Days | Origin must be cheaper by | Tariff |
|---|---|---|---|---|---|---|---|---|---|---|
| East Houston, TX | Magellan Midstream | Pasadena-Motiva, TX | 1.27 | 0.39 | 0.32* | 1.50 | 3.48 | 7.5 | — | Texas No. 50.31.0 item 180 |
| Valero Refining-Texas Houston Refinery | Magellan Midstream joint rate | Pasadena-Motiva, TX | 1.54 | 0.39 | 0.32* | 1.50 | 3.74 | 7.5 | 0.26 | Texas No. 80.8.0 item 100 |
Diesel: product adder
- ¢/gal · product adder
- 3.84
- ¢/gal · line-haul tariff · published
- 1.27
- ¢/gal · carrying cost · calculated
- 0.58
- ¢/gal · pipeline loss · published
- 0.48
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 7.5
Route used: from East Houston, TX on Magellan Midstream to Pasadena-Motiva, TX (Texas No. 50.31.0 item 180).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 1.275 | published | Magellan Midstream Texas No. 50.31.0 item 180: East Houston, TX → Pasadena-Motiva, TX, 53.54 ¢/bbl |
| Carrying cost | 0.583 | calculated | $4.790000/gal × 5.8900% ÷ 365 × 7.538 days (0.038 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 4 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.479 | published | Magellan Midstream Texas No. 49.27.0 (rules), tender deduction: 0.10% of volume at $4.7900/gal = 20.12 ¢/bbl |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 3.836 | Sum of the lines above, over the origin spot price |
Every published route, lowest adder first (2 of 2). Origins are priced at the same index here. "Origin must be cheaper by" is how far below the price at the origin of the route used above a route's own origin price has to be before that route wins.
| Origin | Pipeline | Delivery point | Line-haul | Carrying | Loss | Terminaling | Adder ¢/gal | Days | Origin must be cheaper by | Tariff |
|---|---|---|---|---|---|---|---|---|---|---|
| East Houston, TX | Magellan Midstream | Pasadena-Motiva, TX | 1.27 | 0.58 | 0.48* | 1.50 | 3.84 | 7.5 | — | Texas No. 50.31.0 item 180 |
| Valero Refining-Texas Houston Refinery | Magellan Midstream joint rate | Pasadena-Motiva, TX | 1.54 | 0.58 | 0.48* | 1.50 | 4.10 | 7.5 | 0.26 | Texas No. 80.8.0 item 100 |
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, 2026-10-18. Diesel: OilPriceAPI HEATING_OIL_USD, 2026-10-18. These are the New York Harbor futures benchmarks, not a Gulf Coast price.
- Interest rate: SOFR 3.89% (2026-10-15) + 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 | East Houston, TX · Magellan Midstream | 3.87 | carrying cost +0.03¢; pipeline loss +0.03¢ |
| 2026-10-14 | Gasoline | East Houston, TX · Magellan Midstream | 3.49 | carrying cost −0.00¢; pipeline loss −0.00¢ |
| 2026-10-11 | Diesel | East Houston, TX · Magellan Midstream | 3.81 | first snapshot |
| 2026-10-11 | Gasoline | East Houston, TX · Magellan Midstream | 3.50 | first snapshot |
Terminals within 100 miles
| Terminal | City | Miles | Products (inferred from supply) |
|---|---|---|---|
| KM Liquids Terminals, LLC T-76-TX-2788 | Galena Park, TX | 1.2 | propane naphtha jet fuel distillate fuel oil gasoline |
| VEP Environmental T-74-TX-2773 | Galena Park, TX | 1.3 | unknown |
| Valero Refining Company - Houston T-76-TX-2806 | Houston, TX | 1.7 | crude |
| KM Liquids Terminals, LLC T-76-TX-2809 | Pasadena, TX | 1.8 | gasoline distillate jet fuel |
| Chevron USA Incorporated - Galena Park T-76-TX-2789 | Galena Park, TX | 2.3 | gasoline distillate condensate |
| KM Pasadena Truck Facility T-76-TX-2830 | Pasadena, TX | 2.5 | unknown |
| Magellan Terminals Holdings LP T-76-TX-2792 | Galena Park, TX | 2.7 | gasoline distillate condensate jet fuel |
| Phillips 66 Pipeline - Pasadena T-76-TX-2811 | Pasadena, TX | 2.9 | unknown |
| Enterprise Pasadena Products Terminal T-76-TX-2834 | Pasadena, TX | 3.3 | unknown |
| MVP Terminaling T-76-TX-2865 | Pasadena, TX | 3.7 | unknown |
| Aircraft Services International T-76-TX-2793 | Houston, TX | 5.1 | crude |
| Deer Park Refining Limited Partners T-76-TX-2877 | Deer Park, TX | 6.0 | unknown |
| Stolthaven Houston Terminal T-76-TX-2874 | Houston, TX | 6.2 | crude |
| Enterprise Houston Ship Channel T-76-TX-2802 | Houston, TX | 6.3 | crude |
| Intercontinental Terminals Co. T-76-TX-2815 | Deer Park, TX | 7.9 | gasoline distillate blendstocks fuel oil |
| K-Solv L P T-76-TX-2826 | Channelview, TX | 8.1 | unknown |
| Vopak Terminal Deer Park Incorporated T-76-TX-2820 | Deer Park, TX | 8.2 | gasoline distillate blendstocks |
| Petroleum Wholesale L.P. T-76-TX-2805 | Houston, TX | 9.4 | crude |
| ExxonMobil Pipeline T-76-TX-2812 | Houston, TX | 10.7 | crude |
| Almeda Terminal T-76-TX-2871 | Houston, TX | 11.9 | crude residual fuel asphalt |
| Morgan's Point Terminal T-76-TX-2872 | La Porte, TX | 13.0 | gasoline distillate jet fuel ngl |
| LBC Houston, LP T-76-TX-2780 | Seabrook, TX | 14.0 | gasoline distillate petrochemicals |
| ExxonMobil Pipeline T-76-TX-2808 | Houston, TX | 16.3 | crude |
| Pasadena Performance Products T-76-TX-2876 | Pasadena, TX | 17.1 | gasoline distillate petrochemicals |
| US Venture - Greenspoint T-76-TX-2794 | Houston, TX | 19.8 | crude |
| ALLIED AVIATION FUELING OF HOUSTON, LP T-76-TX-2818 | Houston, TX | 20.4 | crude |
| ERPC North Houston Terminal T-76-TX-2817 | Houston, TX | 20.7 | crude |
| Energy Transfer Mont Belvieu NGLs L.P. North Terminal T-76-TX-2832 | Mont Belvieu, TX | 21.9 | propane |
| Phoenix Park Energy Marketing T-76-TX-2862 | Hull, TX | 29.4 | natural gasoline ngl distillate |
| Texas City Terminal T-76-TX-2870 | Texas City, TX | 29.8 | crude gasoline distillate |
| OILTANKING TEXAS CITY LP T-76-TX-2827 | Texas City, TX | 30.7 | crude gasoline distillate jet fuel residual fuel |
| Martin Operating Partnership, L.P. T-76-TX-2839 | Galveston, TX | 37.8 | gasoline distillate asphalt residual fuel |
| GLOBAL COMPANIES, LLC T-76-TX-2783 | Beaumont, TX | 72.0 | gasoline distillate propane butane |
| Energy Transfer Marketing & Terminals LP T-76-TX-2798 | Beaumont, TX | 72.3 | gasoline distillate |
| Jefferson Railport Terminal II LLC T-76-TX-2853 | Vidor, TX | 73.2 | gasoline distillate jet fuel crude oil residual fuel |
| Enterprise Refined Products Company T-76-TX-2851 | Vidor, TX | 75.4 | gasoline distillate jet fuel |
| Monument Terminal Port Arthur T-76-TX-2878 | Port Arthur, TX | 76.1 | unknown |
| Port Neches Terminal T-76-TX-2879 | Port Neches, TX | 79.3 | gasoline distillate residual fuel |
| Martin Operating Partnership, L.P. T-76-TX-2836 | Port Arthur, TX | 79.9 | asphalt residual fuel |
| US Venture - Bryan T-74-TX-2713 | Bryan, TX | 94.6 | gasoline distillate |
Delivered ethanol cost
Estimate over Chicago ethanol (CHI)
+18.44¢/gal
From Arkalon Ethanol LLC (Liberal, KS) by UP single tank car, Optima, OK → Houston, TX: about 827 rail miles and 8.1 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 | +22.25 | published · UP 2028-A-1370-EX p.75 |
| Rail car lease | +4.08 | calculated · 1,300/month, 10 + 2 + 2 × 8.11 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 | +1.15 | flat · Terminaling estimate |
| Carrying cost | +0.47 | calculated · $2.262 × 5% ÷ 365 × (8.11 + 7 days) |
| Delivered over CHI | +18.44 |
Market check — Houston, TX, Unit train: CHI +7 to +10¢, transit 3–5 days (Market feedback, January 2024 (2023 ethanol costing build, Round 2)).
- Built on an expired rate: UP 2028-A expired 2023-09-30; current rates must be re-acquired.
- 8 plant(s) in 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 → Houston, TX | 8.1 | -12.50 | +18.44 |
| East Kansas Agri-Energy LLC Garnett, KS | UP · Kansas City, MO → Houston, TX | 8.1 | -12.50 | +19.43 |
| Cardinal Colwich LLC Colwich, KS | UP · KO group, KS → Houston, TX | 8.0 | -12.50 | +20.09 |
| Pratt Energy LLC Pratt, KS | UP · Pratt, KS → Houston, TX | 8.1 | -12.50 | +20.10 |
| Valero Renewable Fuels LLC Albert City, IA | UP · Interior Iowa Light, IA → Houston, TX | 10.4 | -12.50 | +20.30 |
| Purefield Ingredients LLC Russell, KS | UP · Wakeeney, KS → Houston, TX | 8.3 | -12.50 | +20.49 |
| Western Plains Energy LLC Oakley, KS | UP · Sharon Springs, KS → Houston, TX | 8.4 | -12.50 | +20.54 |
| Southwest Iowa Renewable Council Bluffs, IA | UP · Group 3, NE → Houston, TX | 10.1 | -12.50 | +21.03 |
| Kaapa Partners Aurora LLC Aurora, NE | UP · Grand Island, NE → Houston, TX | 10.1 | -12.50 | +21.30 |
| Cargill Inc Eddyville, IA | UP · Cedar Rapids, IA → Houston, TX | 10.1 | -12.50 | +21.44 |
Published rail rates into this terminal
Destination rate group: Houston, TX (UP) (Pasadena 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 | 6,675 | 22.25 |
Arkalon Ethanol LLC Liberal, KS |
UP 2028-A-1370-EX p.75 |
| St Louis, IL | UP | 6,975 | 23.25 |
Green Plains Madison LLC Madison, IL Crysalis Biosciences Inc Sauget, IL |
UP 2028-A-1370-EX p.63 |
| Kansas City, MO | UP | 6,975 | 23.25 |
Lifeline Biofuels LLC Saint Joseph, MO East Kansas Agri-Energy LLC Garnett, KS Mgp Ingredients Inc Atchison, KS |
UP 2028-A-1370-EX p.69 |
| Interior Iowa Light, IA | UP | 7,010 | 23.37 |
Valero Renewable Fuels LLC Albert City, IA Valero Renewable Fuels LLC Lakota, IA Green Plains Superior LLC Superior, IA |
UP 2028-A-1370-EX p.59 |
| KO group, KS | UP | 7,175 | 23.92 |
Kansas Ethanol LLC Lyons, KS Cardinal Colwich LLC Colwich, KS |
UP 2028-A-1370-EX p.63 |
| Pratt, KS | UP | 7,175 | 23.92 |
Pratt Energy LLC Pratt, KS |
UP 2028-A-1370-EX p.64 |
| Group 3, NE | UP | 7,260 | 24.20 |
VCP Corn Processing Columbus, NE Cargill Inc Blair, NE Southwest Iowa Renewable Council Bluffs, IA + 1 more |
UP 2028-A-1370-EX p.72 |
| Sharon Springs, KS | UP | 7,275 | 24.25 |
Western Plains Energy LLC Oakley, KS |
UP 2028-A-1370-EX p.65 |
| Wakeeney, KS | UP | 7,275 | 24.25 |
Purefield Ingredients LLC Russell, KS |
UP 2028-A-1370-EX p.66 |
| Grand Island, NE | UP | 7,340 | 24.47 |
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-1370-EX p.71 |
| Allen, IL | UP | 7,375 | 24.58 |
Alto Pekin LLC Pekin, IL Alto ICP LLC Pekin, IL Alto Pekin Inc Pekin, IL + 1 more |
UP 2028-A-1370-EX p.61 |
| Chicago, IL | UP | 7,375 | 24.58 | Chicago index barrels (CHI) | UP 2028-A-1370-EX p.62 |
| Ashton, IA | UP | 7,380 | 24.60 |
Plymouth Energy LLC Merrill, IA POET Biorefining - Ashton LLC Ashton, IA |
UP 2028-A-1370-EX p.55 |
| Cedar Rapids, IA | UP | 7,380 | 24.60 |
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-1370-EX p.56 |
| Nevada, IA | UP | 7,380 | 24.60 |
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-1370-EX p.60 |
| Interior Iowa Heavy, IA | UP | 7,420 | 24.73 |
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-1370-EX p.58 |
| Hastings, NE | UP | 7,420 | 24.73 |
Chief Ethanol Fuels Inc Hastings, NE |
UP 2028-A-1370-EX p.73 |
| IANR group, IA | UP | 7,440 | 24.80 |
Absolute Energy LLC St Ansgar, IA POET Biorefining - Fairbank LLC Fairbank, IA POET Biorefining - Shell Rock LLC Shell Rock, IA |
UP 2028-A-1370-EX p.57 |
| South Dakota, SD | UP | 7,440 | 24.80 |
POET Biorefining - Hudson LLC Hudson, SD Siouxland Energy Cooperative Sioux Center, IA |
UP 2028-A-1370-EX p.76 |
| Cozad, NE | UP | 7,460 | 24.87 |
Chief Ethanol Fuels Inc Lexington, NE Midwest Renewable Energy LLC Sutherland, NE |
UP 2028-A-1370-EX p.70 |
| Hope, MN | UP | 7,475 | 24.92 |
POET Biorefining - Glenville LLC Glenville, MN |
UP 2028-A-1370-EX p.68 |
| Brewster, MN | UP | 7,480 | 24.93 |
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-1370-EX p.67 |
| NCRC group, NE | UP | 7,500 | 25.00 |
Valero Renewable Fuels LLC Albion, NE Husker Ag LLC Plainview, NE GreenAmerica Biofuels Ord LLC Ord, NE + 2 more |
UP 2028-A-1370-EX p.74 |
| Southern Wisconsin | UP | 7,500 | 25.00 |
Aztalan Bio LLC Jefferson, WI Badger State Ethanol LLC Monroe, WI United Wisconsin Grain Producers LLC Friesland, WI + 4 more |
UP 2028-A-1370-EX p.77 |
| Denver, CO | UP | 7,700 | 25.67 |
Sterling Ethanol LLC Sterling, CO Front Range Energy LLC Windsor, CO |
UP 2028-A-1370-EX p.54 |