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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

Comment by JawaGordon Nov 12, 2021 9:03pm
545 Views
Post# 34122260

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Line 5

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Line 5Nothing wrong with having the US as your only customer, it's the largest oil refining country in the world. What's wrong is there is not access to all of the US market.  Line 3 expansion-Southern Access-Capline Reversal increases exports to PADD 3 refineries in Louisiana and Texas, can even ship oil from there to the East coast.  TMX expansion increases access to PADD 5 refineries in Washington and California.  American refineries will buy every drop of Canadian oil before China gets any.

https://www.capp.ca/wp-content/uploads/2019/11/Crude-oil-pipelines-and-refineries.pdf
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