TMX toll dispute hearings to begin.... TMX toll dispute hearings scheduled..from what i read there is a PARTIAL escalator clause for the cost overruns that could double approx the orginal toll to maybe $14-$15 per bbl see below,,,dwdc
"The Canada Energy Regulator (CER) on Tuesday said the Trans Mountain final interim tolls oral hearing related to its pipeline expansion is scheduled to start on May 14 with final argument to take place in the summer of 2025.
Trans Mountain pipeline expansion (TMX) entered partial operation in May, years behind schedule and at more than four times the original cost.
TMX has had to raise tolls to recoup some costs. The shippers are disputing the rate increase."