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Enbridge Inc T.ENB

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

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

Comment by Marner16on Jun 24, 2021 11:41am
297 Views
Post# 33441532

RE:Line 5 Decision - Thoughts

RE:Line 5 Decision - ThoughtsFantome:

I respectfully disagree with you on some of your points:

3) I don't see the EIS taking 4 years....I can see it delaying just long enough to allow for Whitmer to get bounced in Nov 2022.

4) I think that the inflationary pressures that we are now seeing will subside....did you see the 2021 Q1 vs 2021 Q1 results for Western Fraser?  Profit of $680mm in 2021 vs $9mm in 2020 before covid had any real impact on their earnings...I expect the gauging will stop so my guess is that costs probably won't escalate more than they what ENB could earn repositioning the $500 targeted for the tunnel

5) If those responsible for over seeing the safe transportation of the dilbit through Line 5 were concerned about safety, I think it would have already been addressed....the safety measures that ENB has put in place to prevent an anchor accident are impressive and the integrity of the pipe itself is not in question
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