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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

Post by retiredengexecon Dec 06, 2020 12:29pm
326 Views
Post# 32046097

Line 5 integrity and Motley Fool

Line 5 integrity and Motley FoolFirst Motley Fool. Known to hire young inexperienced hacks. To do a proper assessment of ENB they would have to do a risk based supply demand assessment. I could do it with a team of a dozen or so experts working for three months. Would cost several hundred thousand dollars. So take the fools article with a grain of salt. A lot of these articles are meant to move stocks for short term gain. Vis a vis line 5 I guess we have to take whitmers word that they exceeded the bend radius. But 20 to 25 occurrences, really? In reading the easement agreement I see only three azimuth headings. The 2,050 foot radius is very slight and wouldn't require a bending machine I believe. So one possibility is the ship missed the curvature. Interesting to see by how much. You all should know that steel pipe is actually like spaghetti and must be handled gently. The most positive thing in ENB favour is that the PHMSA issued a report after the anchor was struck that the pipe was fully serviceable with no loss of thickness. I think once the true facts of the bend come out combined with proposed tunnel project and the PHMSA report come out the state will have a tough time in court. Green good oil bad hopefully will not carry the day. Btw the pipe is one inch thick
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