Terminal
Magellan Pipeline Company, L.P.
15000 E. Smith Rd., Aurora, CO 80011
T-84-CO-4100
Rack market · Denver, CO
RBOB (reformulated blendstock)
Ethanol
Transmix
Jet fuel
Diesel
Biodiesel
- pipelines supplying
- 1
- confirmed delivery points
- 1
- lowest ¢/bbl into this terminal
- 240.97
- terminals within 100 mi
- 12
Products available
As published by ONEOK (Magellan), effective 2025-02-25. Check with the terminal for current availability.
- RBOB (reformulated blendstock)
- Premium RBOB 88.5, no ethanol Regular RBOB 85, E10
- Diesel
- #2 ULSD #2 ULSD fuel oil #1 ULSD
- Jet fuel
- Commercial jet fuel Jet A with synthesized hydrocarbons (SAF blend)
- Biodiesel
- Biodiesel B99/B100
- Ethanol
- Ethanol
- Transmix
- Transmix (loading)
- Additives
- Cold flow improver Military jet corrosion inhibitor Jet fuel de-icer Red dye (diesel)
Supplied by
Tariff delivery points this terminal sits on.
| Pipeline | Delivery point | Products | Match | Source |
|---|---|---|---|---|
| Magellan Midstream | Denver, CO | gasoline distillate jet fuel | confirmed | FERC No. 163.21.0; FERC No. 184.39.1; FERC No. 200.0.0; FERC No. |
Can be sourced from
| Origin | Pipeline or mode | Refineries at origin | ¢/bbl | Source |
|---|---|---|---|---|
| Kansas (El Dorado) KS | Magellan Midstream | Hf Sinclair El Dorado Refining LLC | 240.97 | FERC No. 163.21.0 |
| McPherson, KS KS | Magellan Midstream | Chs Mcpherson Refinery INC | 266.84 | FERC No. 163.21.0 |
| Billings, MT (via P66 Seminoe Pipeline to Casper) MT | Magellan Midstream joint | Phillips 66 Company | 660.48 | FERC No. 201.4.0 |
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
- 8.23
- ¢/gal · line-haul tariff · published
- 5.74
- ¢/gal · carrying cost · calculated
- 0.67
- ¢/gal · pipeline loss · published
- 0.32
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 12.9
Route used: from Kansas on Magellan Midstream to Denver, CO (FERC No. 163.21.0 item 100).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 5.737 | published | Magellan Midstream FERC No. 163.21.0 item 100: Kansas (El Dorado) → Denver, CO, 240.97 ¢/bbl |
| Carrying cost | 0.673 | calculated | $3.240000/gal × 5.8900% ÷ 365 × 12.862 days (5.362 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 515 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.324 | published | Magellan Midstream FERC No. 158.40.0 (South and Mountain rules), tender deduction: 0.10% of volume at $3.2400/gal = 13.61 ¢/bbl |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 8.234 | 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 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Kansas (El Dorado) | Magellan Midstream | Denver, CO | 5.74 | 0.67 | 0.32* | 1.50 | 8.23 | 12.9 | — | FERC No. 163.21.0 item 100 |
| McPherson, KS | Magellan Midstream | Denver, CO | 6.35 | 0.64 | 0.32* | 1.50 | 8.82 | 12.2 | 0.58 | FERC No. 163.21.0 item 200 |
| Billings, MT (via P66 Seminoe Pipeline to Casper) | Magellan Midstream joint rate | Denver, CO | 15.73 | 0.68 | 0.32* | 1.50 | 18.23 | 13.0 | 9.99 | FERC No. 201.4.0 item 100 |
Diesel: product adder
- ¢/gal · product adder
- 8.74
- ¢/gal · line-haul tariff · published
- 5.74
- ¢/gal · carrying cost · calculated
- 1.01
- ¢/gal · pipeline loss · published
- 0.49
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 12.9
Route used: from Kansas on Magellan Midstream to Denver, CO (FERC No. 163.21.0 item 100).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 5.737 | published | Magellan Midstream FERC No. 163.21.0 item 100: Kansas (El Dorado) → Denver, CO, 240.97 ¢/bbl |
| Carrying cost | 1.015 | calculated | $4.890000/gal × 5.8900% ÷ 365 × 12.862 days (5.362 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 515 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.489 | published | Magellan Midstream FERC No. 158.40.0 (South and Mountain rules), tender deduction: 0.10% of volume at $4.8900/gal = 20.54 ¢/bbl |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 8.741 | 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 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Kansas (El Dorado) | Magellan Midstream | Denver, CO | 5.74 | 1.01 | 0.49* | 1.50 | 8.74 | 12.9 | — | FERC No. 163.21.0 item 100 |
| McPherson, KS | Magellan Midstream | Denver, CO | 6.35 | 0.97 | 0.49* | 1.50 | 9.31 | 12.2 | 0.57 | FERC No. 163.21.0 item 200 |
| Billings, MT (via P66 Seminoe Pipeline to Casper) | Magellan Midstream joint rate | Denver, CO | 15.73 | 1.02 | 0.49* | 1.50 | 18.74 | 13.0 | 10.00 | FERC No. 201.4.0 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, 2026-10-17. 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 | Kansas · Magellan Midstream | 8.75 | carrying cost +0.05¢; pipeline loss +0.03¢ |
| 2026-10-14 | Gasoline | Kansas · Magellan Midstream | 8.23 | carrying cost −0.00¢; pipeline loss −0.00¢ |
| 2026-10-11 | Diesel | Kansas · Magellan Midstream | 8.67 | first snapshot |
| 2026-10-11 | Gasoline | Kansas · Magellan Midstream | 8.24 | first snapshot |
Terminals within 100 miles
| Terminal | City | Miles | Products (inferred from supply) |
|---|---|---|---|
| Phillips 66 Pipeline - Denver T-84-CO-4104 | Commerce City, CO | 7.2 | unknown |
| NuStar Logistics, L.P. - Denver, CO T-84-CO-4103 | Commerce City, CO | 7.3 | unknown |
| Suncor Energy USA - Denver T-84-CO-4102 | Commerce City, CO | 7.4 | unknown |
| Suncor Energy USA Incorporated T-84-CO-4101 | Commerce City, CO | 7.6 | unknown |
| Magellan Pipeline Company, L.P. T-84-CO-4105 | DuPont, CO | 8.0 | gasoline distillate jet fuel |
| Holly Energy Partners - Operating L.P. T-84-CO-4109 | Henderson, CO | 8.8 | gasoline distillate |
| Union Pacific Denver Fuel Warehouse T-84-CO-4113 | Denver, CO | 10.1 | gasoline distillate |
| D.I.A. Facility T-84-CO-4111 | Denver, CO | 12.1 | gasoline distillate |
| NuStar Logistics, L.P. - Colorado Springs, CO T-84-CO-4108 | Colorado Springs, CO | 67.8 | gasoline distillate |
| Magellan Pipeline Company, L.P. T-84-CO-4106 | Fountain, CO | 75.5 | gasoline distillate |
| Magellan Pipeline Company, L.P. T-83-WY-4053 | Cheyenne, WY | 93.2 | gasoline distillate |
| Cheyenne Renewable Diesel Company LLC T-83-WY-4055 | Cheyenne, WY | 94.4 | gasoline distillate |
Delivered ethanol cost
Estimate over Chicago ethanol (CHI)
-1.82¢/gal
By truck direct from Bridgeport Ethanol LLC (Bridgeport, NE), about 191 road miles.
Assumptions: TOE (Round 2 adders, realistic transit)
| Cost line | ¢/gal | How |
|---|---|---|
| Basis | -12.50 | table · Origin-state discount to Chicago |
| Truck freight | +9.53 | estimated · 191 road mi × $4/loaded mi ÷ 8,000 gal |
| Wholesale margin | +0.00 | flat |
| Terminal charge | +1.15 | flat · Terminaling estimate |
| Carrying cost | +0.00 | calculated |
| Delivered over CHI | -1.82 |
- 9 plant(s) in CO, WI not costed: no basis to Chicago on record for those states.
Options compared
| Origin | Move | Days | Basis ¢ | Delivered ¢/gal |
|---|---|---|---|---|
| Bridgeport Ethanol LLC Bridgeport, NE | Truck · 191 road mi | <1 | -12.50 | -1.82 |
| Arkalon Ethanol LLC Liberal, KS | UP · Optima, OK → Denver, CO | 5.8 | -12.50 | +14.09 |
| Midwest Renewable Energy LLC Sutherland, NE | UP · Cozad, NE → Denver, CO | 4.1 | -12.50 | +15.12 |
| Western Plains Energy LLC Oakley, KS | UP · Sharon Springs, KS → Denver, CO | 4.1 | -12.50 | +15.56 |
| Chief Ethanol Fuels Inc Hastings, NE | UP · Hastings, NE → Denver, CO | 5.9 | -12.50 | +15.71 |
| Mgp Ingredients Inc Atchison, KS | UP · Kansas City, MO → Denver, CO | 7.9 | -12.50 | +15.77 |
| Pratt Energy LLC Pratt, KS | UP · Pratt, KS → Denver, CO | 6.0 | -12.50 | +15.82 |
| Kansas Ethanol LLC Lyons, KS | UP · KO group, KS → Denver, CO | 6.0 | -12.50 | +15.83 |
| Kaapa Ethanol Ravenna LLC Ravenna, NE | UP · Grand Island, NE → Denver, CO | 5.9 | -12.50 | +15.96 |
| Purefield Ingredients LLC Russell, KS | UP · Wakeeney, KS → Denver, CO | 5.9 | -12.50 | +16.15 |
Published rail rates into this terminal
Destination rate group: Denver, CO (UP) (nearest listed station Denver, CO, 5.9 mi). 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 | 5,595 | 18.65 |
Arkalon Ethanol LLC Liberal, KS |
UP 2028-A-1380-BK p.94 |
| Kansas City, MO | UP | 5,895 | 19.65 |
Lifeline Biofuels LLC Saint Joseph, MO East Kansas Agri-Energy LLC Garnett, KS Mgp Ingredients Inc Atchison, KS |
UP 2028-A-1380-BK p.94 |
| Interior Iowa Light, IA | UP | 6,035 | 20.12 |
Valero Renewable Fuels LLC Albert City, IA Valero Renewable Fuels LLC Lakota, IA Green Plains Superior LLC Superior, IA |
UP 2028-A-1380-BK p.94 |
| Jefferson City, MO | UP | 6,035 | 20.12 |
POET Biorefining - Laddonia LLC Laddonia, MO Mid-Missouri Energy LLC Malta Bend, MO |
UP 2028-A-1380-BK p.94 |
| Cozad, NE | UP | 6,065 | 20.22 |
Chief Ethanol Fuels Inc Lexington, NE Midwest Renewable Energy LLC Sutherland, NE |
UP 2028-A-1380-BK p.94 |
| Hastings, NE | UP | 6,065 | 20.22 |
Chief Ethanol Fuels Inc Hastings, NE |
UP 2028-A-1380-BK p.94 |
| KO group, KS | UP | 6,095 | 20.32 |
Kansas Ethanol LLC Lyons, KS Cardinal Colwich LLC Colwich, KS |
UP 2028-A-1380-BK p.94 |
| Pratt, KS | UP | 6,095 | 20.32 |
Pratt Energy LLC Pratt, KS |
UP 2028-A-1380-BK p.94 |
| Grand Island, NE | UP | 6,145 | 20.48 |
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-1380-BK p.94 |
| Sharon Springs, KS | UP | 6,195 | 20.65 |
Western Plains Energy LLC Oakley, KS |
UP 2028-A-1380-BK p.94 |
| Wakeeney, KS | UP | 6,195 | 20.65 |
Purefield Ingredients LLC Russell, KS |
UP 2028-A-1380-BK p.94 |
| Group 3, NE | UP | 6,225 | 20.75 |
VCP Corn Processing Columbus, NE Cargill Inc Blair, NE Southwest Iowa Renewable Council Bluffs, IA + 1 more |
UP 2028-A-1380-BK p.94 |
| South Dakota, SD | UP | 6,230 | 20.77 |
POET Biorefining - Hudson LLC Hudson, SD Siouxland Energy Cooperative Sioux Center, IA |
UP 2028-A-1380-BK p.94 |
| Nevada, IA | UP | 6,305 | 21.02 |
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-1380-BK p.94 |
| Ashton, IA | UP | 6,345 | 21.15 |
Plymouth Energy LLC Merrill, IA POET Biorefining - Ashton LLC Ashton, IA |
UP 2028-A-1380-BK p.94 |
| Cedar Rapids, IA | UP | 6,345 | 21.15 |
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-1380-BK p.94 |
| Interior Iowa Heavy, IA | UP | 6,385 | 21.28 |
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-1380-BK p.94 |
| NCRC group, NE | UP | 6,385 | 21.28 |
Valero Renewable Fuels LLC Albion, NE Husker Ag LLC Plainview, NE GreenAmerica Biofuels Ord LLC Ord, NE + 2 more |
UP 2028-A-1380-BK p.94 |
| Brewster, MN | UP | 6,445 | 21.48 |
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-1380-BK p.94 |
| Hope, MN | UP | 6,445 | 21.48 |
POET Biorefining - Glenville LLC Glenville, MN |
UP 2028-A-1380-BK p.94 |
| IANR group, IA | UP | 6,505 | 21.68 |
Absolute Energy LLC St Ansgar, IA POET Biorefining - Fairbank LLC Fairbank, IA POET Biorefining - Shell Rock LLC Shell Rock, IA |
UP 2028-A-1380-BK p.94 |
| Southern Wisconsin | UP | 6,695 | 22.32 |
Aztalan Bio LLC Jefferson, WI Badger State Ethanol LLC Monroe, WI United Wisconsin Grain Producers LLC Friesland, WI + 4 more |
UP 2028-A-1380-BK p.94 |
| Allen, IL | UP | 6,765 | 22.55 |
Alto Pekin LLC Pekin, IL Alto ICP LLC Pekin, IL Alto Pekin Inc Pekin, IL + 1 more |
UP 2028-A-1380-BK p.94 |
| Chicago, IL | UP | 6,765 | 22.55 | Chicago index barrels (CHI) | UP 2028-A-1380-BK p.94 |