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Pembina Pipeline Corp T.PPL

Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | T.PPL.PR.G | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines, Facilities and Marketing & New Ventures. The Pipelines segment provides customers with pipeline transportation, terminalling, and storage in key market hubs in Canada and the United States for crude oil, condensate, natural gas liquids and natural gas. The Facilities segment includes infrastructure that provides Pembina's customers with natural gas, condensate and natural gas liquid (NGL) services. The Marketing & New Ventures segment undertakes value-added commodity marketing activities including buying and selling products, commodity arbitrage, and optimizing storage opportunities.


TSX:PPL - Post by User

Comment by TheBridgeon Sep 27, 2021 4:58pm
409 Views
Post# 33925983

RE:Could Oil pipelines be re-purposed - Brilliant article

RE:Could Oil pipelines be re-purposed - Brilliant article Big oil is going to reap some big profits prior to any repurposing of oil pipelines, and likely more than once. The systems in place today can't readily convert to anything that doesn't have a relliance on petroleum. Some think they can, some hope they can but in reality they can't at this time or in the near future. And if you're one of the unrealistic dreamers you will continue to believe and continue to propogate that view. We do not and will not have the systems necessary in place to convert from a petroleum dependent world for a fairly ong time. You can tax the hell out of the petroleum system to styme it but when you don't have a reliable, capable, dependable and sustantiable system in place in the world to meet the necessary needs of each economic system to function then you don't have a required substitute available to meet those necessary needs. Pembina and the other pipeline companies will be pumping crude oil for many, many  years before anyone even considers another possible purpose for their use. Have a wonder day, whether you're a dreamer or a rationalist.
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