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Pipeline operators could see revenues fall due to US tax overhaul

The new US tax law means pipeline operators may have to cut shipping rates by as much as 10% in some cases, resulting in hundreds of millions of dollars in lost revenue, according to a Wall Street Journal analysis. Dominion Energy, TransCanada and Williams Cos. could be among the hardest hit companies, while operators with more negotiated rates such as Enbridge, Kinder Morgan and Energy Transfer Equity would be less affected.

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