Magellan Midstream Partners (MMP) and Occidental Petroleum (OXY) will go ahead with construction...

|About: Magellan Midstream Partners... (MMP)|By:, SA News Editor

Magellan Midstream Partners (MMP) and Occidental Petroleum (OXY) will go ahead with construction of the BridgeTex Pipeline to bring up to 300K bbl/day of West Texas crude oil to the Houston refining hub. Pipelines out of the Permian now run mainly to the Cushing, Okla., trading and storage hub; BridgeTex is the latest project to bring increasing supplies of crude to the Gulf coast.