Bullboard - Stock Discussion Forum 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

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... see more

Add To Watchlist

TSX:ENB - Post Discussion

Enbridge Inc > Will An Extra Million Barrels A Day Influence ENB's Shares ?

View:

Post by FiddyFiddyOddzz on Mar 31, 2022 7:03pm

Will An Extra Million Barrels A Day Influence ENB's Shares ?

https://www.nbcnews.com/politics/white-house/biden-administration-weighs-releasing-1m-barrels-oil-day-reserves-rcna22363

368

Comment

Comment by KISMET1944 on Apr 01, 2022 12:40am

Just a thought, let's look at our geopolitical and economic position. The fact that Biden reaches into his reserves tells me he needs and wants all the oil and gas he can get for obvious reasons. And this should be good for Enbridge (line 5) and corporations in the energy sector.

285

Comment

Comment by bttmfischer on Apr 01, 2022 10:56am

Yes, but does Line 5 convey enough oil to help replacing the oil the US gets from Russia? It doesn't appear to be so, but Keystone would have done it with ease.

325

Comment

Comment by Quintessential1 on Apr 02, 2022 3:58am

Exactly so. It will make and keep Enbbridges pipelines full whether it be trying to replace the oil that they used to import from Russia or providing the Chicago area hub with natural gas so that the natural gas that was supllied there can be shipped to the gulf for LNG exportation. Enbridge's pipes are full and are going to remain full for the foreseeable future and I for one don't ...more

339

Comment

Enbridge Inc