Bullboard - Stock Discussion Forum 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

Energy Oil & Gas Midstream

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... see more

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TSX:ENB - Post Discussion

Enbridge Inc > Winter Pipeline Construction

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Post by 1finley on Dec 17, 2020 11:59am

Winter Pipeline Construction

I am an engineer but know nothing about building pipelines. Can they continue construction of Line 3 through the winter? The further they can get it built before the Biden adminstration comes in I assume the better. I suspect there isn't much the new administration can do at this point about Line 3 but Line 5 is still a concern. The fact Line 5 is not just a Michigan state issue but a Canada/US pipeline I am surprised Michigan has jurisdiction to shut it down.

The good news in all this is the existing pipes are going to increase in value going forward. Buiding new pipes is going to be difficult. My hope is KXL will be the target to keep the environmentalists happy and Biden and his team leave Line 3 alone. I predict Biden will kill KXL immediatley when he gets in office. Biden blasts Keystone XL, calling it 'tarsands we don't need' | CBC News

On the share price - if it drops I will buy more.

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Comment by Susieqt on Dec 17, 2020 12:13pm

I'm in construction, winter doesn't stop us. It may add a few modifications but nothing major. So in my opinion winter would not effect any continuation of the pipeline.

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