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Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States... see more

TSX:ALA - Post Discussion

AltaGas Ltd > How Did Manchin Get Bought Off?
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Post by Experienced on Aug 02, 2022 8:29pm

How Did Manchin Get Bought Off?

Many people are scrarching their heads wondering why Manchin change his opposition to the Biden Build Back Better money pit.

As is the case all politics and the US is the Gold medal example of this, he got bought off.


Soooo...what did he get?

Well he got a committment by Biden, Schumer of Pelosi that they would introduce a separate Bill to fast track the approval of the Mountain Valley Pipeline.  As most of you know, this pipeline is 94% complete but has hit court case blocks by environmentalists as well as huge cost overrruns.

Since ALA has a 10% stake in this pipeline, this deal is good news for ALA shareholders - assuming of course that these corrupt politicians actually deliver on their promise.
Comment by bttmfischer on Aug 03, 2022 9:47am
How much did he get? We may never find out, much the same way as JT's  unknown funds. 
Comment by bushman33333 on Aug 03, 2022 3:00pm
This post has been removed in accordance with Community Policy
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