Terminal
TLP Management
2628 Marine View Drive, Tacoma, WA 98422
- pipelines supplying
- 1
- confirmed delivery points
- 0
- lowest ¢/bbl into this terminal
- 42.62
- terminals within 100 mi
- 13
Supplied by
Tariff delivery points this terminal sits on.
| Pipeline | Delivery point | Products | Match | Source |
|---|---|---|---|---|
| Olympic Pipeline | Tacoma, Pierce County | gasoline distillate | same city | WUTC No. 59 Route 07 |
Supplied by sea
Coastwise and river lanes that deliver into this terminal’s dock, with the sources the research names for each. Lanes are regional evidence: they say which refineries or ports supply this market by water, not which cargo goes to which tank.
| Lane | From | Vessels | Evidence |
|---|---|---|---|
| HF Sinclair Puget Sound → Seattle / Tacoma marine terminals HF Sinclair: Puget Sound Refinery products are loaded across its marine dock for Seattle, Tacoma and Portland (and also move on the Olympic Pipeline). Vessel class not stated; the terminals here are the deepwater-dock terminals in those ports. |
HF Sinclair Puget Sound Refinery | ocean barge, tanker | high HF Sinclair Corp Form 10-K FY2025, Puget Sound Refinery description |
Can be sourced from
| Origin | Pipeline or mode | Refineries at origin | ¢/bbl | Source |
|---|---|---|---|---|
| Bayview, Skagit County WA | Olympic Pipeline uncommitted | junction or tank farm | 42.62 | WUTC No. 57 |
| Bayview, Skagit County WA | Olympic Pipeline committed | junction or tank farm | 50.98 | WUTC No. 57 |
| Anacortes, Skagit County WA | Olympic Pipeline uncommitted |
Hf Sinclair Puget Sound Refg LLC Tesoro Refining & Marketing CO |
63.95 | WUTC No. 57 |
| Anacortes, Skagit County WA | Olympic Pipeline committed |
Hf Sinclair Puget Sound Refg LLC Tesoro Refining & Marketing CO |
72.32 | WUTC No. 57 |
| Ferndale, Whatcom County WA | Olympic Pipeline uncommitted | Phillips 66 Company | 75.35 | WUTC No. 57 |
| Cherry Point, Whatcom County WA | Olympic Pipeline uncommitted | BP Products North America INC | 77.81 | WUTC No. 57 |
| Ferndale, Whatcom County WA | Olympic Pipeline committed | Phillips 66 Company | 83.62 | WUTC No. 57 |
| Cherry Point, Whatcom County WA | Olympic Pipeline committed | BP Products North America INC | 86.16 | WUTC No. 57 |
| HF Sinclair Puget Sound Refinery WA | By sea high ocean barge, tanker · 109 mi along the lanes |
HF Sinclair Puget Sound Refinery | No published rate | HF Sinclair Puget Sound → Seattle / Tacoma marine terminals |
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
- 3.27
- ¢/gal · line-haul tariff · published
- 1.01
- ¢/gal · carrying cost · calculated
- 0.44
- ¢/gal · pipeline loss · estimate
- 0.32
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 8.5
Route used: from Bayview, Skagit County on Olympic Pipeline to Tacoma, Pierce County (WUTC No. 57 item Route 07).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 1.015 | published | Olympic Pipeline WUTC No. 57 item Route 07: Bayview, Skagit County → Tacoma, Pierce County, 42.62 ¢/bbl |
| Carrying cost | 0.437 | calculated | $3.180000/gal × 5.8900% ÷ 365 × 8.514 days (1.014 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 97 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.318 | estimate | flat estimate $0.0032/gal, applied 1 time |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 3.270 | Sum of the lines above, over the origin spot price |
Every published route, lowest adder first (4 of 4). 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Bayview, Skagit County | Olympic Pipeline | Tacoma, Pierce County | 1.01 | 0.44 | 0.32 | 1.50 | 3.27 | 8.5 | — | WUTC No. 57 item Route 07 effective 2024: check for a newer filing |
| Anacortes, Skagit County | Olympic Pipeline | Tacoma, Pierce County | 1.52 | 0.44 | 0.32 | 1.50 | 3.78 | 8.5 | 0.51 | WUTC No. 57 item Route 07 effective 2024: check for a newer filing |
| Ferndale, Whatcom County | Olympic Pipeline | Tacoma, Pierce County | 1.79 | 0.45 | 0.32 | 1.50 | 4.06 | 8.8 | 0.79 | WUTC No. 57 item Route 07 effective 2024: check for a newer filing |
| Cherry Point, Whatcom County | Olympic Pipeline | Tacoma, Pierce County | 1.85 | 0.45 | 0.32 | 1.50 | 4.13 | 8.9 | 0.86 | WUTC No. 57 item Route 07 effective 2024: check for a newer filing |
Diesel: product adder
- ¢/gal · product adder
- 3.65
- ¢/gal · line-haul tariff · published
- 1.01
- ¢/gal · carrying cost · calculated
- 0.66
- ¢/gal · pipeline loss · estimate
- 0.48
- ¢/gal · terminaling · estimate
- 1.50
- days financed
- 8.5
Route used: from Bayview, Skagit County on Olympic Pipeline to Tacoma, Pierce County (WUTC No. 57 item Route 07).
How this adder is worked, line by line
| Line | ¢/gal | Basis | Source or working |
|---|---|---|---|
| Line-haul tariff | 1.015 | published | Olympic Pipeline WUTC No. 57 item Route 07: Bayview, Skagit County → Tacoma, Pierce County, 42.62 ¢/bbl |
| Carrying cost | 0.658 | calculated | $4.790000/gal × 5.8900% ÷ 365 × 8.514 days (1.014 in transit, 2.50 waiting on the cycle, 5.00 in terminal inventory); transit estimated: 97 pipeline miles at 4.0 mph (general estimate) |
| Pipeline loss | 0.479 | estimate | flat estimate $0.0048/gal, applied 1 time |
| Terminaling | 1.500 | estimate | Flat estimate: no fee on file for this terminal |
| Product adder | 3.652 | Sum of the lines above, over the origin spot price |
Every published route, lowest adder first (4 of 4). 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Bayview, Skagit County | Olympic Pipeline | Tacoma, Pierce County | 1.01 | 0.66 | 0.48 | 1.50 | 3.65 | 8.5 | — | WUTC No. 57 item Route 07 effective 2024: check for a newer filing |
| Anacortes, Skagit County | Olympic Pipeline | Tacoma, Pierce County | 1.52 | 0.66 | 0.48 | 1.50 | 4.16 | 8.5 | 0.51 | WUTC No. 57 item Route 07 effective 2024: check for a newer filing |
| Ferndale, Whatcom County | Olympic Pipeline | Tacoma, Pierce County | 1.79 | 0.68 | 0.48 | 1.50 | 4.45 | 8.8 | 0.80 | WUTC No. 57 item Route 07 effective 2024: check for a newer filing |
| Cherry Point, Whatcom County | Olympic Pipeline | Tacoma, Pierce County | 1.85 | 0.68 | 0.48 | 1.50 | 4.52 | 8.9 | 0.86 | WUTC No. 57 item Route 07 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, 2026-10-18. 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 | Bayview, Skagit County · Olympic Pipeline | 3.69 | carrying cost +0.04¢; pipeline loss +0.03¢ |
| 2026-10-14 | Gasoline | Bayview, Skagit County · Olympic Pipeline | 3.28 | carrying cost −0.00¢; pipeline loss −0.00¢ |
| 2026-10-11 | Diesel | Bayview, Skagit County · Olympic Pipeline | 3.62 | carrying cost −0.02¢; pipeline loss −0.01¢ |
| 2026-10-11 | Gasoline | Bayview, Skagit County · Olympic Pipeline | 3.29 | carrying cost −0.00¢; pipeline loss −0.00¢ |
| 2026-10-09 | Diesel | Bayview, Skagit County · Olympic Pipeline | 3.65 | first snapshot |
| 2026-10-09 | Gasoline | Bayview, Skagit County · Olympic Pipeline | 3.29 | first snapshot |
Terminals within 100 miles
| Terminal | City | Miles | Products (inferred from supply) |
|---|---|---|---|
| U.S. Oil & Refining Co. T-91-WA-4421 | Tacoma, WA | 1.5 | gasoline distillate |
| ConocoPhillips - Tacoma T-91-WA-4413 | Tacoma, WA | 2.5 | gasoline distillate |
| Shore Terminals, LLC - Tacoma, WA T-91-WA-4415 | Tacoma, WA | 2.6 | gasoline distillate |
| Swissport Fueling Incorporated (Seattle) T-91-WA-4431 | Seattle, WA | 11.5 | gasoline distillate jet fuel |
| Phillips 66 Pipeline - Renton T-91-WA-4404 | Renton, WA | 14.5 | gasoline distillate jet fuel |
| Olympic Pipe Line Company T-91-WA-4435 | Renton, WA | 14.6 | gasoline distillate jet fuel |
| Kinder Morgan Liquids Terminals LLC T-91-WA-4406 | Seattle, WA | 21.1 | gasoline distillate |
| Shell Oil Products U.S. T-91-WA-4408 | Seattle, WA | 21.1 | gasoline distillate |
| TLP Management T-91-WA-4425 | Seattle, WA | 21.1 | gasoline distillate |
| Reg Grays Harbor T-91-WA-4433 | Hoquim, WA | 72.2 | biodiesel renewable diesel |
| Olympic Pipe Line Company T-91-WA-4436 | Mount Vernon, WA | 81.7 | gasoline distillate jet fuel |
| HF Sinclair Puget Sound Refining LLC T-91-WA-4400 | Anacortes, WA | 83.0 | crude refined products |
| Tesoro Northwest Company T-91-WA-4428 | Anacortes, WA | 84.2 | crude refined products gasoline distillate |
Delivered ethanol cost
Estimate over Chicago ethanol (CHI)
+24.63¢/gal
From Arkalon Ethanol LLC (Liberal, KS) by UP single tank car, Optima, OK → Seattle, WA: about 1,785 rail miles and 14.5 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 | +26.40 | published · UP 2028-A-1390-BK p.116 |
| Rail car lease | +5.92 | calculated · 1,300/month, 10 + 2 + 2 × 14.48 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 | +0.67 | calculated · $2.262 × 5% ÷ 365 × (14.48 + 7 days) |
| Delivered over CHI | +24.63 |
- Built on an expired rate: UP 2028-A expired 2023-09-30; current rates must be re-acquired.
- 9 plant(s) in CO, OR, 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 → Seattle, WA | 14.5 | -12.50 | +24.63 |
| Midwest Renewable Energy LLC Sutherland, NE | UP · Cozad, NE → Seattle, WA | 12.5 | -12.50 | +25.57 |
| Mgp Ingredients Inc Atchison, KS | UP · Kansas City, MO → Seattle, WA | 14.9 | -12.50 | +25.76 |
| Kaapa Ethanol Ravenna LLC Ravenna, NE | UP · Grand Island, NE → Seattle, WA | 12.8 | -12.50 | +25.93 |
| Western Plains Energy LLC Oakley, KS | UP · Sharon Springs, KS → Seattle, WA | 12.8 | -12.50 | +26.08 |
| Chief Ethanol Fuels Inc Hastings, NE | UP · Hastings, NE → Seattle, WA | 14.4 | -12.50 | +26.18 |
| Kansas Ethanol LLC Lyons, KS | UP · KO group, KS → Seattle, WA | 14.7 | -12.50 | +26.35 |
| Pratt Energy LLC Pratt, KS | UP · Pratt, KS → Seattle, WA | 14.7 | -12.50 | +26.35 |
| Purefield Ingredients LLC Russell, KS | UP · Wakeeney, KS → Seattle, WA | 14.6 | -12.50 | +26.66 |
| GreenAmerica Biofuels Ord LLC Ord, NE | UP · NCRC group, NE → Seattle, WA | 12.7 | -12.50 | +26.71 |
Published rail rates into this terminal
Destination rate group: Seattle, WA (UP) (Tacoma 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 | 7,920 | 26.40 |
Arkalon Ethanol LLC Liberal, KS |
UP 2028-A-1390-BK p.116 |
| Kansas City, MO | UP | 8,220 | 27.40 |
Lifeline Biofuels LLC Saint Joseph, MO East Kansas Agri-Energy LLC Garnett, KS Mgp Ingredients Inc Atchison, KS |
UP 2028-A-1390-BK p.115 |
| Denver, CO | UP | 8,270 | 27.57 |
Sterling Ethanol LLC Sterling, CO Front Range Energy LLC Windsor, CO |
UP 2028-A-1390-BK p.115 |
| Cozad, NE | UP | 8,390 | 27.97 |
Chief Ethanol Fuels Inc Lexington, NE Midwest Renewable Energy LLC Sutherland, NE |
UP 2028-A-1390-BK p.115 |
| Hastings, NE | UP | 8,390 | 27.97 |
Chief Ethanol Fuels Inc Hastings, NE |
UP 2028-A-1390-BK p.115 |
| KO group, KS | UP | 8,420 | 28.07 |
Kansas Ethanol LLC Lyons, KS Cardinal Colwich LLC Colwich, KS |
UP 2028-A-1390-BK p.115 |
| Pratt, KS | UP | 8,420 | 28.07 |
Pratt Energy LLC Pratt, KS |
UP 2028-A-1390-BK p.115 |
| Grand Island, NE | UP | 8,470 | 28.23 |
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.115 |
| Sharon Springs, KS | UP | 8,520 | 28.40 |
Western Plains Energy LLC Oakley, KS |
UP 2028-A-1390-BK p.115 |
| Wakeeney, KS | UP | 8,520 | 28.40 |
Purefield Ingredients LLC Russell, KS |
UP 2028-A-1390-BK p.115 |
| Group 3, NE | UP | 8,550 | 28.50 |
VCP Corn Processing Columbus, NE Cargill Inc Blair, NE Southwest Iowa Renewable Council Bluffs, IA + 1 more |
UP 2028-A-1390-BK p.115 |
| IANR group, IA | UP | 8,590 | 28.63 |
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.115 |
| Nevada, IA | UP | 8,590 | 28.63 |
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.115 |
| Ashton, IA | UP | 8,670 | 28.90 |
Plymouth Energy LLC Merrill, IA POET Biorefining - Ashton LLC Ashton, IA |
UP 2028-A-1390-BK p.115 |
| Cedar Rapids, IA | UP | 8,670 | 28.90 |
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.115 |
| Interior Iowa Heavy, IA | UP | 8,710 | 29.03 |
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.115 |
| NCRC group, NE | UP | 8,710 | 29.03 |
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.115 |
| South Dakota, SD | UP | 8,730 | 29.10 |
POET Biorefining - Hudson LLC Hudson, SD Siouxland Energy Cooperative Sioux Center, IA |
UP 2028-A-1390-BK p.116 |
| Interior Iowa Light, IA | UP | 8,750 | 29.17 |
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.115 |
| Hope, MN | UP | 8,770 | 29.23 |
POET Biorefining - Glenville LLC Glenville, MN |
UP 2028-A-1390-BK p.115 |
| Brewster, MN | UP | 8,810 | 29.37 |
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.115 |
| Southern Wisconsin | UP | 8,980 | 29.93 |
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.116 |
| Allen, IL | UP | 9,090 | 30.30 |
Alto Pekin LLC Pekin, IL Alto ICP LLC Pekin, IL Alto Pekin Inc Pekin, IL + 1 more |
UP 2028-A-1390-BK p.115 |
| Chicago, IL | UP | 9,090 | 30.30 | Chicago index barrels (CHI) | UP 2028-A-1390-BK p.115 |