Two New Pipelines Will Flood Marathon Petroleum Refinery In Galveston; This Is Simply Incredible

Marathon Petroleum has acquired a new Galveston Bay refinery, in Texas City, Texas: 475,000 bopd.

The location couldn't be better.

Two pipelines from the Permian Basin (Midland-Odessa, northwest Texas) will bring oil to the Houston-area refinery:

• Longhorn Pipeline, Magellan Midstream Partners: came on-line earlier this month
• Permian Express Pipeline, Sunoco Logistics: will come on-line next quarter