RE:RE:ENB Upgrade/My commentsOf course a lot of the costs are LEGAL. Filing of briefs, motions, expert opinions etc to be done. Hundres, maybe thousands of billable hours by scores of attorneys on both sides; copying court documents at 50 cents per page, etc etc. They all eat up profit.
As you said, buying a FINISHED PRODUCT, they way Enbridge did, when the sellers went all through that is better.