Terminal
Maverick Terminal Corpus Christi
4669 Joe Fulton Intl TC, Corpus Christi, TX 78402
T-76-TX-2855
Rack market · Corpus Christi, TX
gasoline distillate jet fuel biodiesel propane butane natural gasoline other fuel oil
- pipelines supplying
- 1
- confirmed delivery points
- 0
- lowest ¢/bbl into this terminal
- 141.99
- terminals within 100 mi
- 9
Supplied by
Tariff delivery points this terminal sits on.
| Pipeline | Delivery point | Products | Match | Source |
|---|---|---|---|---|
| NuStar Pipeline | Corpus Christi, Tribble Lane, Nueces County, TX | gasoline distillate | same city | Texas No. 98.15.0 |
| NuStar Pipeline | Corpus Christi Terminal, Nueces County, TX | gasoline distillate | same city | Texas No. 98.15.0 |
Can be sourced from
| Origin | Pipeline or mode | Refineries at origin | ¢/bbl | Source |
|---|---|---|---|---|
| Three Rivers, Live Oak County (Valero Three Rivers refinery) TX | NuStar Pipeline | Diamond Shamrock Refining CO LP | 141.99 | Texas No. 98.15.0 |
| Three Rivers, Live Oak County (Valero Three Rivers refinery) TX | NuStar Pipeline | Diamond Shamrock Refining CO LP | 144.16 | Texas No. 98.15.0 |
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
- 5.64
- ¢/gal · line-haul tariff · published
- 3.38
- ¢/gal · carrying cost · calculated
- 0.43
- ¢/gal · pipeline loss · estimate
- 0.32
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 8.3
Route used: from Three Rivers, Live Oak County on NuStar Pipeline to Corpus Christi Terminal, Nueces County, TX (Texas No. 98.15.0).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 3.381 | published | NuStar Pipeline Texas No. 98.15.0: Three Rivers, Live Oak County (Valero Three Rivers refinery) → Corpus Christi Terminal, Nueces County, TX, 141.99 ¢/bbl |
| Carrying cost | 0.433 | calculated | $3.240000/gal × 5.8900% ÷ 365 × 8.282 days (0.782 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 75 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.324 | estimate | flat estimate $0.0032/gal, applied 1 time |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 5.638 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Three Rivers, Live Oak County (Valero Three Rivers refinery) | NuStar Pipeline | Corpus Christi Terminal, Nueces County, TX one of several points in this city: not confirmed | 3.38 | 0.43 | 0.32 | 1.50 | 5.64 | 8.3 | — | Texas No. 98.15.0 |
| Three Rivers, Live Oak County (Valero Three Rivers refinery) | NuStar Pipeline | Corpus Christi, Tribble Lane, Nueces County, TX one of several points in this city: not confirmed | 3.43 | 0.43 | 0.32 | 1.50 | 5.69 | 8.3 | 0.05 | Texas No. 98.15.0 |
Diesel: product adder
- ¢/gal · product adder
- 6.02
- ¢/gal · line-haul tariff · published
- 3.38
- ¢/gal · carrying cost · calculated
- 0.65
- ¢/gal · pipeline loss · estimate
- 0.49
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 8.3
Route used: from Three Rivers, Live Oak County on NuStar Pipeline to Corpus Christi Terminal, Nueces County, TX (Texas No. 98.15.0).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 3.381 | published | NuStar Pipeline Texas No. 98.15.0: Three Rivers, Live Oak County (Valero Three Rivers refinery) → Corpus Christi Terminal, Nueces County, TX, 141.99 ¢/bbl |
| Carrying cost | 0.654 | calculated | $4.890000/gal × 5.8900% ÷ 365 × 8.282 days (0.782 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 75 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.489 | estimate | flat estimate $0.0049/gal, applied 1 time |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 6.023 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Three Rivers, Live Oak County (Valero Three Rivers refinery) | NuStar Pipeline | Corpus Christi Terminal, Nueces County, TX one of several points in this city: not confirmed | 3.38 | 0.65 | 0.49 | 1.50 | 6.02 | 8.3 | — | Texas No. 98.15.0 |
| Three Rivers, Live Oak County (Valero Three Rivers refinery) | NuStar Pipeline | Corpus Christi, Tribble Lane, Nueces County, TX one of several points in this city: not confirmed | 3.43 | 0.65 | 0.49 | 1.50 | 6.07 | 8.3 | 0.05 | Texas No. 98.15.0 |
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, 2026-10-17. Diesel: OilPriceAPI HEATING_OIL_USD, 2026-10-17. 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 | Three Rivers, Live Oak County · NuStar Pipeline | 6.03 | carrying cost +0.03¢; pipeline loss +0.03¢ |
| 2026-10-14 | Gasoline | Three Rivers, Live Oak County · NuStar Pipeline | 5.64 | carrying cost −0.00¢; pipeline loss −0.00¢ |
| 2026-10-11 | Diesel | Three Rivers, Live Oak County · NuStar Pipeline | 5.97 | carrying cost −0.02¢; pipeline loss −0.01¢ |
| 2026-10-11 | Gasoline | Three Rivers, Live Oak County · NuStar Pipeline | 5.64 | carrying cost −0.00¢; pipeline loss −0.00¢ |
| 2026-10-09 | Diesel | Three Rivers, Live Oak County · NuStar Pipeline | 6.00 | first snapshot |
| 2026-10-09 | Gasoline | Three Rivers, Live Oak County · NuStar Pipeline | 5.65 | first snapshot |
Terminals within 100 miles
| Terminal | City | Miles | Products (inferred from supply) |
|---|---|---|---|
| Bay Ltd. Redfish Bay Terminal T-76-TX-2866 | Aransas Pass, TX | 10.0 | gasoline distillate residual fuel |
| Midstream Texas Operating T-76-TX-2857 | Ingleside, TX | 10.6 | gasoline distillate crude |
| Martin Operating Partnership T-76-TX-2848 | Aransas Pass, TX | 11.2 | gasoline distillate residual fuel |
| Magellan Terminal Holdings T-76-TX-2846 | Corpus Christi, TX | 19.0 | crude condensate |
| CITGO - Corpus Christi T-74-TX-2716 | Corpus Christi, TX | 19.3 | crude condensate |
| Valero Refining Company - Corpus Christi T-74-TX-2714 | Corpus Christi, TX | 19.9 | crude condensate |
| Buckeye Texas Hub T-76-TX-2838 | Corpus Christi, TX | 21.9 | gasoline distillate jet fuel biodiesel propane butane natural gasoline other ngl |
| CITGO - Victoria T-74-TX-2703 | Victoria, TX | 56.8 | gasoline distillate |
| Lazarus Energy LLC T-74-TX-2759 | Nixon, TX | 93.0 | jet fuel naphtha distillate |
Delivered ethanol cost
Estimate over Chicago ethanol (CHI)
+19.15¢/gal
From Arkalon Ethanol LLC (Liberal, KS) by UP single tank car, Optima, OK → Corpus Christi, TX: about 907 rail miles and 8.3 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 | +22.90 | published · UP 2028-A-1370-EX p.75 |
| Rail car lease | +4.12 | calculated · 1,300/month, 10 + 2 + 2 × 8.27 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 × (8.27 + 7 days) |
| Delivered over CHI | +19.15 |
- 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 → Corpus Christi, TX | 8.3 | -12.50 | +19.15 |
| East Kansas Agri-Energy LLC Garnett, KS | UP · Kansas City, MO → Corpus Christi, TX | 8.4 | -12.50 | +20.19 |
| Cardinal Colwich LLC Colwich, KS | UP · KO group, KS → Corpus Christi, TX | 8.3 | -12.50 | +20.82 |
| Pratt Energy LLC Pratt, KS | UP · Pratt, KS → Corpus Christi, TX | 8.3 | -12.50 | +20.82 |
| Purefield Ingredients LLC Russell, KS | UP · Wakeeney, KS → Corpus Christi, TX | 8.5 | -12.50 | +21.22 |
| Valero Renewable Fuels LLC Albert City, IA | UP · Interior Iowa Light, IA → Corpus Christi, TX | 12.2 | -12.50 | +21.47 |
| Western Plains Energy LLC Oakley, KS | UP · Sharon Springs, KS → Corpus Christi, TX | 10.1 | -12.50 | +21.74 |
| Southwest Iowa Renewable Council Bluffs, IA | UP · Group 3, NE → Corpus Christi, TX | 10.4 | -12.50 | +21.79 |
| Green Plains Wood River LLC Wood River, NE | UP · Grand Island, NE → Corpus Christi, TX | 10.4 | -12.50 | +22.03 |
| Cargill Inc Eddyville, IA | UP · Cedar Rapids, IA → Corpus Christi, TX | 10.5 | -12.50 | +22.22 |
Published rail rates into this terminal
Destination rate group: Corpus Christi, TX (UP) (Corpus Christi 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 | 6,870 | 22.90 |
Arkalon Ethanol LLC Liberal, KS |
UP 2028-A-1370-EX p.75 |
| St Louis, IL | UP | 7,170 | 23.90 |
Green Plains Madison LLC Madison, IL Crysalis Biosciences Inc Sauget, IL |
UP 2028-A-1370-EX p.62 |
| Kansas City, MO | UP | 7,170 | 23.90 |
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 | 7,185 | 23.95 |
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 | 7,370 | 24.57 |
Kansas Ethanol LLC Lyons, KS Cardinal Colwich LLC Colwich, KS |
UP 2028-A-1370-EX p.63 |
| Pratt, KS | UP | 7,370 | 24.57 |
Pratt Energy LLC Pratt, KS |
UP 2028-A-1370-EX p.64 |
| Group 3, NE | UP | 7,455 | 24.85 |
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 | 7,470 | 24.90 |
Western Plains Energy LLC Oakley, KS |
UP 2028-A-1370-EX p.65 |
| Wakeeney, KS | UP | 7,470 | 24.90 |
Purefield Ingredients LLC Russell, KS |
UP 2028-A-1370-EX p.66 |
| Grand Island, NE | UP | 7,535 | 25.12 |
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 | 7,570 | 25.23 |
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 | 7,570 | 25.23 | Chicago index barrels (CHI) | UP 2028-A-1370-EX p.61 |
| Ashton, IA | UP | 7,575 | 25.25 |
Plymouth Energy LLC Merrill, IA POET Biorefining - Ashton LLC Ashton, IA |
UP 2028-A-1370-EX p.55 |
| Cedar Rapids, IA | UP | 7,575 | 25.25 |
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 | 7,575 | 25.25 |
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 | 7,615 | 25.38 |
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 | 7,615 | 25.38 |
Chief Ethanol Fuels Inc Hastings, NE |
UP 2028-A-1370-EX p.73 |
| IANR group, IA | UP | 7,635 | 25.45 |
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 | 7,635 | 25.45 |
POET Biorefining - Hudson LLC Hudson, SD Siouxland Energy Cooperative Sioux Center, IA |
UP 2028-A-1370-EX p.76 |
| Cozad, NE | UP | 7,655 | 25.52 |
Chief Ethanol Fuels Inc Lexington, NE Midwest Renewable Energy LLC Sutherland, NE |
UP 2028-A-1370-EX p.70 |
| Hope, MN | UP | 7,670 | 25.57 |
POET Biorefining - Glenville LLC Glenville, MN |
UP 2028-A-1370-EX p.68 |
| Brewster, MN | UP | 7,675 | 25.58 |
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 | 7,695 | 25.65 |
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 | 7,695 | 25.65 |
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 | 7,895 | 26.32 |
Sterling Ethanol LLC Sterling, CO Front Range Energy LLC Windsor, CO |
UP 2028-A-1370-EX p.54 |