Enbridge Inc T.ENB

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

Energy Oil & Gas Midstream

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.

TSX:ENB - Post by User

Enbridge Inc > US courts will take "many years" to resolve Line 5 Dispute

<< Previous

Bullboard Posts

Next >>

Comment by silkoson Mar 17, 2021 8:49am

228 Views

Post# 32814933

RE:US courts will take "many years" to resolve Line 5 Dispute

This statement is enough for me and frankly should be for any sane individual out there to suport ENB.

"15,000 daily truck trips and 800 rail cars would be needed to supply fuel and oil to those reliant on the pipeline"

Also, to be noted that next governor election in MI is scheduled for Nov 2022. A new governor may kill this as soon as he/she takes office and it's very likely the pipeline will be part of political platforms.

Marner16 wrote:
https://ca.finance.yahoo.com/news/canada-u-commons-committee-exploring-145821269.html

ENB's Vern Yu appeared before the House of Commons today.

"We believe there will be reviews at multiple levels at the U.S. federal courts, and that this review will take many, many years," he said.

Yu indicated that Enbridge doesn't see any way in which a U.S. court would grant Whitmer's request for an injunction shutting down Line 5.

As for why Whitmer has set her sights on Line 5 at a time when Republicans control both chambers of the Michigan statehouse, Yu was unable to enlighten the committee.

"It's something we've been trying to understand ourselves for quite some time," he said. "We're as perplexed as anyone."

A total of 15,000 daily truck trips and 800 rail cars would be needed to supply fuel and oil to those reliant on the pipeline, Yu said in a Bloomberg article today............that could only make sense to a Fiddiot Governor

Somehow, that