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Enbridge Inc T.ENB

Alternate Symbol(s):  T.ENB.PR.D | ENBFF | ENB | T.ENB.PR.F | ENBGF | T.ENB.PF.A | T.ENB.PR.G | ENBHF | ENNPF | T.ENB.PF.C | T.ENB.PR.H | EBRGF | T.ENB.PF.E | T.ENB.PR.I | ENBMF | T.ENB.PF.G | T.ENB.PR.J | ENBNF | EBRZF | T.ENB.PF.K | EBBGF | T.ENB.PR.N | EBGEF | ENBOF | T.ENB.PF.U | EBBNF | T.ENB.PR.P | T.ENB.PF.V | T.ENB.PR.T | ENBRF | T.ENB.PR.A | T.ENB.PR.V | T.ENB.PR.B | T.ENB.PR.Y

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


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Post by retiredengexecon Nov 28, 2020 3:09pm
793 Views
Post# 31995158

Oil susidies part 2

Oil susidies part 2Cdn capex in 2019 was about 20 billion and is forecast to be about 15 b in 2020. This is against 3 b of so called subsidies which I call b... s.. Us capex was 98 b in 2019 and about 85 b this year. This is against 20 b of subsidies. I believe only a small fraction are direct cash. The others are what the haters say the industry should be paying tax on ie depletion. You all have done income tax and know the depreciation is allowed for all businesses. In Ab the haters say that royalties are too low and "deem" a subsidy of about 1.6 b. I seriously believe and maybe I've read too many Fiddy posts, the Russians and the Sauds are behind all this because north Americans are all the internet and too many are gullible into believing that our standard of living is a God given right. Sorry for the rant.
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