March 2019, Vol. 246, No. 3

Projects

Magellan Cancels Plan for Short-Haul Oil Pipeline in West Texas

Magellan plans to source barrels into the Longhorn Pipeline Magellan Cancels Plan for Short-Haul Oil Pipeline in West Texas   Magellan Midstream Partners LP has canceled plans to develop a stand-alone crude pipeline in West Texas, the area of the nation’s top oil field as it considers a lower-cost project for the same region, an executive said.    The Tulsa-based company plans to pursue a lower-cost project to meet shipper needs in an effort to be more capital efficient, its chief executive told investors on a conference call.   “It would be a much, much lower capital investment, and it would be a much more efficient way for us to sou