150 Articles

What’s behind Kinder Morgan’s May 31 ultimatum? Follow the money

Kinder Morgan’s fanfare announcement is a cover-up. Trans Mountain pipeline expansion lacked commercial viability from the get-go. It has required government supported handouts at every stage of development. Kinder Morgan has put very little shareholder capital at risk. It has always looked to others — the shippers, Canadian investors and Canadian taxpayers — to do so.

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