TransCanada Corporation (NYSE:TRP): Current price $47.73
On Thursday, the National Energy Board of Canada consented to place fixed tolls on TransCanada’s mainline, which is a cross-country natural gas pipeline network that faces growing competition from American shale gas supplies, which the regulator says will help keep the system profitable. The Board okayed new rates that will allow the cost of moving gas from Empress, Alberta, to Dawn, Ontario, to fall to C$1.42 per gigajoule from C$2.58 per gigajoule under the current tolling structure.
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