Enbridge Inc T.ENB

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

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.

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Enbridge Inc > Worried about the USACE environmental review

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Comment by silkoson Jul 04, 2021 3:03pm

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RE:RE:RE:Worried about the USACE environmental review

When it comes to oil pipelines, Canada cannot rely on friendly actions from the US ... or any help from Canadian fed gov!

Oil and pipelines are NOT a priority for the current fed gov. They may say it is but they got nothing to show for it. Have no idea why they bought TMP from Kinder Morgan.

CanSiamCyp wrote: Fantome:

As you are aware, the Energy East project included a component of recommissioning a significant length of the existing gas pipeline from Western Canada to near the Quebec border, and then laying down new pipe from Quebec to New Brunswick. This proposed oil pipeline project was shelved by TRP for well-known reasons.

My question to you: Would it be viable to use that same component of underutilized gas pipeline to develop a replacement for Line 5 - capable of delivering oil from the West to Southern Ontario refineries? After all, as Biden and Obama have shown us, Canada cannot rely on friendly actions from the US! So it is a matter of national energy security to have our fossil fuel delivery infrastructure totally within our own borders.

Of course, such a proposed development would require intelligent decision making in Ottawa, and I am doubtful we have that capacity in the current regime.

Cheers!

Fantome wrote: The answer to your first is quite simple and can summed up in one word....Politics. In the US everything is political even down to the level of whose dogs the dog catcher goes after. Despite my negative feelings towards Biden...the decision to do the larger environmental review...from a political perspective was very smart....he can appease the radical left of the party without ectually having to make a decision that he doesn't want to make. By the time the panel issues its recommendations he will not be President.

The answer to your second question is that the larger environmental review has a process associated with it....hearing etc and can easily take 2-4 years longer than the shorter paper based review. This will place a cloud over ENB until this review is finished....that said..the end result is that the tunnel will be built...ENB will have to keep a close eye on the existing pipe on the lakebed to make sure there is no leak or sabatoge.