Kinder Morgan Energy Partners LP (NYSE: KMP) will proceed with the construction of the Trans Mountain crude oil pipeline expansion based on the commercial support it received in its recent open season. The 715-mile pipeline will add 300,000 barrels per day (b/d) of capacity to increase the total capacity to 600,000 b/d at a cost of $3.8 billion. The system delivers crude from Edmonton, Canada, to terminals and refineries in British Columbia and Washington. 

“The response to our open season was very encouraging,” Ian Anderson, president of Kinder Morgan Canada, ...