Plains Marketing L.P.

By: Bubbajunk.com

In the early 1990s, the people at Plains Marketing realized that fundamentals in the crude oil industry were foreshadowing the need for increased movements of crude oil into the midwestern region of the United States. In 1993, in response to that need, the company built the Cushing Terminal, their first major asset, which was strategically located in Cushing, Oklahoma – the Southern gateway for incremental pipeline movements to refining centers in the Midwest. Our Cushing Terminal, which has since been expanded to over three times its original size, serves as the cornerstone of the business strategy that is designed to capitalize on logistical inefficiencies inherent in the North American crude oil distribution system.
 
Today, the company is one of the largest independent midstream crude oil companies in North America, owning and operating approximately 15,000 miles of crude oil pipelines, approximately 39 million barrels of terminal ling and storage capacity and a full complement of truck transportation and injection assets. On an average, they handle over 3.0 million barrels per day of physical crude oil through their extensive network of assets located in key producing basins and transportation gateways in the United States and Canada.
 
Plains All American Pipeline, L.P. is a publicly traded master limited partnership engaged in interstate and intrastate crude oil transportation and crude oil gathering, marketing, terminal ling and storage, as well as the marketing and storage of liquefied petroleum gas and other natural gas related petroleum products. Through its 50% ownership in PAA/Vulcan Gas Storage LLC, the Partnership is engaged in the development and operation of natural gas storage facilities.  For more information on the PartnershipÂâ€Ã¢„¢s natural gas storage operations.

Plains Marketing is one of the largest independent midstream crude oil companies in North America, handling over 3 million barrels per day of physical crude oil through their extensive network of assets located in key producing basins and transportation gateways in the United States and Canada. They have common units that are traded on the New York Stock Exchange. They have their headquarters in Houston, Texas.

The company envisions becoming the premier crude oil transportation and marketing company in the United States and Canada by providing the utmost in value-added services to customers, and in doing so, delivering superior returns to our stakeholders.