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Canada's National Energy Board approves setting fixed tolls on TransCanada’s (TRP)...

Canada's National Energy Board approves setting fixed tolls on TransCanada’s (TRP) Mainline pipeline network, a move the regulator says will help keep the cross-country system profitable as it faces increasing competition from U.S. shale gas supplies. Critics say TRP, as owner of the pipeline, should bear the brunt of costs associated with declining eastbound shipments.
Comments (1)
  • Ask a regulated company to take the losses.

     

    Why was the line regulated? Oh yes. So the company could not have the ability to charge whatever toll it wanted and get excess profits.

     

    You can not have it both ways. I trust the NEB takes into consideration the overall long term benefit to the nation.
    27 Mar 2013, 11:36 PM Reply Like
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