Questions remain unanswered for Energy East pipeline revival plan | CBC News
in energy markets, said Energy East made sense in 2013 because two other
pipelines, to the U.S. and to the Pacific Coast, were blocked at a time
when there were forecasts of “massive” oilsands growth.
TransCanada’s
$15.7-billion proposal was also relatively inexpensive because
two-thirds of the route would have been on an existing converted natural
gas line.
The reduced construction cost would have allowed TransCanada to charge a lower toll rate to oil companies shipping on the line.
None of those conditions exists now with the new proposal, Leach said.