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Suncor (SU) is crying foul over transportation fees proposed by Kinder Morgan (KMP, KMI) for the...

  • Wednesday, January 30, 12:24 PM ET
    Suncor (SU) is crying foul over transportation fees proposed by Kinder Morgan (KMP, KMI) for the expansion of its Trans Mountain pipeline, contending the latter is leveraging its position as the owner of the only Pacific outlet for Alberta’s landlocked oil to ratchet up tolls “to earn excessive and unreasonable rates of return.” Of the 13 firms contracted for capacity, only SU and Total (TOT) have formally complained.
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This news story has 14 comments:

  •  
    Well then, Suncor should ship by rail or truck !!
    30 Jan, 12:30 PM Reply Like
  •  
    Yeah SU, tough toogie boogies
    30 Jan, 12:31 PM Reply Like
  •  
    ....yea, rail, truck or FedEx.
    30 Jan, 06:51 PM Reply Like
  •  
    sounds like good business to me, although i might be biased.

    long KMI
    30 Jan, 12:31 PM Reply Like
  •  
    When the NDP win the up-coming B.C. election, KM can kiss the TM pipeline expansion goodbye. That won't help SU but it might make them feel better!!
    30 Jan, 12:39 PM Reply Like
  •  
    SU, your lucky to have that pipeline. Belly up, as the largest Canadian energy company, you had to see this coming.
    30 Jan, 12:42 PM Reply Like
  •  
    SU will do ok on transporting their oil when King Hussein approves the Keystone pipeline in Q2, 2013.
    30 Jan, 01:07 PM Reply Like
  •  
    Have to add a couple links to the [physical, BC] site:
    ngm.nationalgeographic...
    http://n.pr/WQQlJ0
    Pretty pictures.
    On top of the carbon load of this product.
    "King Hussein". ... OK. I get it. I know you're tough no-nonsense crowd. ... Do apprec. the political read(s), -001. Short KMI?
    30 Jan, 01:15 PM Reply Like
  •  
    Tough to choose here...long both KMI and SU.
    30 Jan, 01:35 PM Reply Like
  •  
    KMI is better, SU has been dead money for 5 years.
    30 Jan, 02:45 PM Reply Like
  •  
    SU will probably win this one. Tariffs are regulated.
    30 Jan, 04:02 PM Reply Like
  •  
    All I can say is only 2 out of 13 complained, GOOOOOO KMP !!!!!
    30 Jan, 06:51 PM Reply Like
  •  
    Suncor.... Would u like some cheese with that WHINE! Pay the piper. That's how it works or u should buy your own pipeline. No free lunch.
    30 Jan, 06:51 PM Reply Like
  •  
    if I knew how pipelines was a good play on their way of make money, shame on Suncor's management....jpmj4847
    1 Feb, 02:30 AM Reply Like
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