Kinder Morgan (KMP, KMI) says shippers on its chronically overbooked Trans Mountain oil pipeline...

|About: Kinder Morgan Energy Partne... (KMP)|By:, SA News Editor

Kinder Morgan (KMP, KMI) says shippers on its chronically overbooked Trans Mountain oil pipeline system between Alberta and the Pacific Coast will be limited to 33% of their hoped-for volumes in September. More shippers are seeking to move oil to the Vancouver harbor, where it can be shipped to Asia for higher returns than more traditional markets such as the U.S. Midwest.