Trans Mountain Pushed to Alter Specifications to Help Oil Value [Yahoo! Finance]
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Source: Yahoo! Finance
expanded Trans Mountain pipeline to change certain key specifications to improve the value of the crude the conduit is carrying. Most Read from Bloomberg Elon Musk Pledges to Grow Supercharger Business He Just Decimated Biden Set to Hit China EVs, Strategic Sectors With Tariffs Ackman Scolded Over DEI Views at Closed-Door Milken Session Jim Simons, Code Breaker Who Mastered Investing, Dies at 86 Apple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TV The drillers are asking Trans Mountain to lower the vapor pressure and acid levels of the crude it will allow to pass through the line, saying that the current limits are reducing the value of the oil that's shipped and restricting where it can be refined. Trans Mountain, which is owned by the Canadian government, didn't immediately respond to an email seeking comment. The complaints are marring the startup of the pipeline's long-delayed expansion, which almost triples the volume of crude that can be shipped from Alb
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