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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 1finleyon Dec 17, 2020 11:59am
244 Views
Post# 32128547

Winter Pipeline Construction

Winter Pipeline ConstructionI am an engineer but know nothing about building pipelines.  Can they continue construction of Line 3 through the winter?  The further they can get it built before the Biden adminstration comes in I assume the better.  I suspect there isn't much the new administration can do at this point about Line 3 but Line 5 is still a concern.  The fact Line 5 is not just a Michigan state issue but a Canada/US pipeline I am surprised Michigan has jurisdiction to shut it down.

The good news in all this is the existing pipes are going to increase in value going forward.  Buiding new pipes is going to be difficult.  My hope is KXL will be the target to keep the environmentalists happy and Biden and his team leave Line 3 alone.  I predict Biden will kill KXL immediatley when he gets in office.  Biden blasts Keystone XL, calling it 'tarsands we don't need' | CBC News

On the share price - if it drops I will buy more.


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