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

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.
Comments (14)
  • MaimiJoe
    , contributor
    Comments (24) | Send Message
     
    Well then, Suncor should ship by rail or truck !!
    30 Jan 2013, 12:30 PM Reply Like
  • Clayton Rulli
    , contributor
    Comments (2472) | Send Message
     
    Yeah SU, tough toogie boogies
    30 Jan 2013, 12:31 PM Reply Like
  • rdy4trvl
    , contributor
    Comments (29) | Send Message
     
    ....yea, rail, truck or FedEx.
    30 Jan 2013, 06:51 PM Reply Like
  • jmodrkrk
    , contributor
    Comments (94) | Send Message
     
    sounds like good business to me, although i might be biased.

     

    long KMI
    30 Jan 2013, 12:31 PM Reply Like
  • john001
    , contributor
    Comments (566) | Send Message
     
    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 2013, 12:39 PM Reply Like
  • rjj1960
    , contributor
    Comments (1359) | Send Message
     
    SU, your lucky to have that pipeline. Belly up, as the largest Canadian energy company, you had to see this coming.
    30 Jan 2013, 12:42 PM Reply Like
  • john001
    , contributor
    Comments (566) | Send Message
     
    SU will do ok on transporting their oil when King Hussein approves the Keystone pipeline in Q2, 2013.
    30 Jan 2013, 01:07 PM Reply Like
  • Swliv
    , contributor
    Comments (132) | Send Message
     
    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 2013, 01:15 PM Reply Like
  • IgnisFatuus
    , contributor
    Comments (2115) | Send Message
     
    Tough to choose here...long both KMI and SU.
    30 Jan 2013, 01:35 PM Reply Like
  • rjj1960
    , contributor
    Comments (1359) | Send Message
     
    KMI is better, SU has been dead money for 5 years.
    30 Jan 2013, 02:45 PM Reply Like
  • toomuchgas
    , contributor
    Comments (535) | Send Message
     
    SU will probably win this one. Tariffs are regulated.
    30 Jan 2013, 04:02 PM Reply Like
  • electroman47
    , contributor
    Comments (6) | Send Message
     
    All I can say is only 2 out of 13 complained, GOOOOOO KMP !!!!!
    30 Jan 2013, 06:51 PM Reply Like
  • Lawnbiz
    , contributor
    Comment (1) | Send Message
     
    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 2013, 06:51 PM Reply Like
  • jpmj4847
    , contributor
    Comments (500) | Send Message
     
    if I knew how pipelines was a good play on their way of make money, shame on Suncor's management....jpmj4847
    1 Feb 2013, 02:30 AM Reply Like
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