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Enbridge Inc T.ENB

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

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

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Post by onemorespideron Jan 06, 2019 8:45am
210 Views
Post# 29191636

Oil by rail vs. Line 3

Oil by rail vs. Line 3 Excerpt from Winnipeg Free Press news article:



In November, the National Energy Board published data showing a staggering increase in Canada’s crude-by-rail exports, with the daily number of barrels crossing the U.S. border doubling between September 2017 and September 2018.

 

The amount of crude passing through the Prairies is accelerating even faster.

Data from the U.S. Energy Information Administration shows the amount of crude oil sent from Canada to Midwest states doubled in September, compared with just a month prior.

The agency reports 849,000 barrels made that crossing in August, before jumping the next month to two million barrels, and then in October to 2,468,000 barrels — the highest month on record since the EIA started collecting this data in 2012.

 

The data includes rail lines running south from Winnipeg and tracks that run east of the city before crossing from northwest Ontario into Minnesota. It also includes one Saskatchewan line into North Dakota; industry analysts believe all three routes are being used to transport oil.

Analysts say the remaining two Ontario routes into midwestern states are far less likely used for oil; those two routes connect Windsor to Detroit and Sault Ste. Marie, Ont., with the Michigan town with the same name.

https://www.winnipegfreepress.com/local/cover-risk-on-the-rails-inside-alberta-crisis-winnipeg-danger-503903152.html

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