Marathon May Invest in Pipelines, CEO Says

The video discusses the ongoing consolidation in the refining industry, emphasizing the importance of asset quality over size. It highlights past acquisitions in the retail and midstream sectors, including Mark West and Hess assets. The speaker outlines potential pipeline investments and export strategies, particularly focusing on natural gas liquids. The discussion also covers the Midwest refining strategy, aiming to optimize transportation costs and deliver lower consumer prices.

Discuss the potential benefits of reversing the Laurel pipeline.

What factors contribute to the transportation costs of crude supply to the East Coast refineries?