Huge tariff increaseCook Inlet Pipe Line Co. cites Mount Redoubt damage for 259% hike; west side line runs 42 miles from Granite Point to Drift River Wesley Loy For Petroleum News
Citing damage from the erupting Mount Redoubt volcano, Cook Inlet Pipe Line Co. is seeking a steep rate increase from Alaska regulators.
The company, a Chevron subsidiary, submitted a tariff of $14.57 per barrel of oil, effective Jan. 1. That’s a 259 percent increase over the current rate of $4.06.
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[additional news subjects in this story]
Producer protest Volcanic threat CIPL’s defense
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