Magellan Midstream Partners L.P.

Provides the essential analysis and 'scoring' for all tax legislation, directly influencing the structure and economic impact of tax policies on corporate profitability and capital decisions for companies like Magellan Midstream Partners.

Controls taxation policy, which directly impacts corporate profitability, capital expenditure decisions, and overall valuation for companies like Magellan Midstream Partners.

Oversees the CFTC, which regulates futures and derivatives markets for commodities like crude oil, directly influencing price stability, hedging strategies, and market conditions relevant to pipeline operators.

Directly oversees national energy policy, including the development and transportation of crude oil, as well as regulations concerning public lands, which are critical for pipeline routing and permits.

Directly regulates environmental impact assessments, permitting, and potential spill regulations through the EPA, which are critical for the construction, operation, and maintenance of crude oil pipelines.