RE:ExposedThis would be an ideal time for Enbridge to give gov. Whitmer what she wants, and shut Line 5 down now. Oppourtunities like this do not often present themselves, perhaps an Enbridge invoked Line 5 shutdown for "spring maintenance", is just what the doctor ordered. Not a permenant shut down, just a shut down until maybe mid-June or so. Enbridge could put a "looking out for the environment" spin on the temporary closure.
What an absolute perfect time to do it, and drive home the importance of Line 5.
Market Sense wrote:"Michigans gov Gretchen Witmer has now fully exposed the lunacy of her stubborn
resistance to ENB's pipeline operations. Guess she never counted on a war but
then we are not living in a fantasy world that she and others would wish.
If Gretchen had her way ENB would have been shut down long ago creating a
scenario where the whole world would have been held hostage to Russian oil.
Even if the sanctions were to include a global boycott of Russian oil, at least
Canada is there to keep the oil flowing south. I'm sure Biden has told Gretchen
to STFU for the time being until we're out of this crisis.
War is a very sobering event that causes us to re evaluate our priorities in a hurry
so things like green initiatives and cranking interest rates up to dampen inflation
need to be put on the back burner for a later time. How long is anybody's guess
but the Americans better thank God those pipelines are flowing and Canada is
still in the oil business no thanks to Justin and his accolytes.
MS"