Too much new pipeline capacity to take oil sands to the US?

Noel Griese at Energy Pipeline News reports that Suncor and Imperial Oil are accusing Enbridge Pipelines Inc. of overbuilding pipeline capacity into the U.S. when it is not needed. Enbridge is in the process of completing the Alberta Clipper pipeline to carry Alberta oil sands oil to refineries in the United States. At the same time, TransCanada is proceeding with the Keystone XL pipeline designed to do the same thing. Now Suncor and Imperial Oil have applied to the U.S. regulator for breaks on tolls payable to Enbridge. Has the expansion in the export of oil to the U.S. moved too quickly?

Read the article: http://energypipelinenews.blogspot.com/2010/02/rhubarb-over-clipper-rates-pits-suncor.html