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The Valero Memphis Refinery is located on 250 acres along the Mississippi River's Lake McKellar, enabling it to serve many upriver markets at a significant cost advantage. It is one of four refineries acquired in the purchase of Premcor in 2005. The refinery's crude oil supply is primarily from Cushing, Oklahoma, over the Diamond Pipeline. Crude oil can also be received, along with other feedstocks, via barge. Most of the refinery's products are distributed via truck rack and barges.