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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | ENBSF | T.ENB.PF.C | ENBOF | T.ENB.PF.E | ENBFF | T.ENB.PF.G | T.ENB.PF.U | EBBNF | EBGEF | T.ENB.PF.V | ENBGF | T.ENB.PR.A | EBRGF | T.ENB.PR.B | EBRZF | T.ENB.PR.D | T.ENB.PR.F | ENBHF | T.ENB.PR.H | ENBRF | T.ENB.PR.J | 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 Marner16on Apr 16, 2021 2:19pm
436 Views
Post# 33012215

omg....a reporter that actually thinks

omg....a reporter that actually thinksAlan Freeman is a freelance reporter who actually knows what he is talking about.  He presents a well thought out argument rather than simply offering sound bites without a clue which is what most of his colleagues in the "news" provide.

In the following link, Freeman talks about how an Energy East pipeline is unwarranted.  His Byline about bitumen from oil sands no longer being marketable is overtly sensational and irrelevant, but it is the only dumb comment in the article.  The actual content of the article makes a lot of sense. 

Canada now recives 77% of its oil imports from the USA and the percentage growing.  While that number may make some people nervous, Canada exports 6.5x more oil to the USA that it imports from the USA. 

Is such a heavy reciprical reliance good business?  Of course it is.  Both Canada and the USA know what they are getting from each other.  The countries also share the same type of reliance in the auto industry and the relationship has been beneficial to both countries for decades.

Here is the link:   https://ipolitics.ca/2021/04/15/good-news-about-canadas-crude-imports-the-oil-patch-would-rather-you-not-know/
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