UPDATE 2-Magellan 'optimistic' on Cushing-to-Houston pipeline with Midland origin -CEO
May 01, 2019 at 15:05 PM EDT
Magellan Midstream Partners LP believes a proposed Midland origin point will attract sufficient commitments from shippers to proceed with a long-haul crude pipeline from the U.S. oil storage hub in Cushing, Oklahoma, to Houston, Chief Executive Michael Mears said on Wednesday.