Plains All American Pipeline LP intends to start charging users of a new oil pipeline in Texas an additional fee of US$0.05 per barrel next April. In a regulatory filing, it said it was taking this step because changes in U.S. trade policy were driving up the cost of building the Cactus II link.
Posted by Jennifer Delay Iacullo
Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.