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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 | ENBMF | T.ENB.PR.P | 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... see more

TSX:ENB - Post Discussion

Enbridge Inc > Nixing Keystone XL not a done deal!
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Post by Quintessential1 on Feb 10, 2021 8:43am

Nixing Keystone XL not a done deal!

Incidentally, Keystone XL showed a flicker of potential life today, when U.S. Senator Joe Manchin -- a Democrat, if a famously conservative one -- urged Mr. Biden to reverse his opposition to the pipeline. Mr. Manchin, who serves as head of the U.S. Senate energy committee, published a letter to Mr. Biden in which he argued that Keystone XL provides good union jobs and is a safer way to move oil into the United States than trucks or trains. "Pipelines continue to be the safest mode to transport our oil and natural gas resources," pointed out Mr. Manchin, "and they support thousands of high-paying, American union jobs." He added that revoking Keystone XL's permit could also have a negative effect on energy security, as Canada is one of America's largest and most reliable trading partners.

Mr. Manchin was not the only one mailing out a pro-pipeline letter to the President. Fourteen Republican attorneys-general sent Mr. Biden a separate letter, warning him that his decision to reject Keystone XL "will result in devastating damage to many of our states and local communities." They claimed that "all Americans," even ones in states not crossed by the pipeline, will suffer "serious, detrimental consequences."

Comment by NPCexe on Feb 10, 2021 8:58am
Good luck with that. Even biden knows flip flopping on his convictions shows extreme weakness, especially in the first months of office. Uncertainty and hesitation is not something he wants to convey right now if he knows what's good for him
Comment by Quintessential1 on Feb 10, 2021 9:05am
Biden has been known to change his position in the face of overwhelming evidence.  If enough Democratic Senators show him that the pipeline is the safest way to transport O&G and that by commiting to running carbon neutral that TC energy will have to buy carbon credits essentially helping to fund his green iniative.
Comment by Chad123 on Feb 10, 2021 9:47am
Folks, Nixing XL was a political decision not an environmental decision. It's dead unless the republicans get back the throne. IMO
Comment by FreeAtFiddy on Feb 10, 2021 10:30am
This post has been removed in accordance with Community Policy
Comment by Quintessential1 on Feb 10, 2021 10:40am
You know "Sleepy Joe" and those exectutive orders.  Once he starts siging them he just might forget what his position was and revearse it.  Pretty sure some on this board said nothing is a "Done Deal".  Now that person would be wrong would they?  Could a position once decided be chisled in stone? 
Comment by NPCexe on Feb 10, 2021 9:59am
I'd like nothing more than for that to be the case, but I think the Biden of the past is not the Biden of the present. Let's hope I'm wrong
Comment by Fantome on Feb 10, 2021 10:03am
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Comment by staythecourse on Feb 10, 2021 11:05am
It's not the temporary jobs that are the issue. It's what the states would receive once it's up and running. Montana, for example, will lose $100M annually from TRP. 
Comment by Fantome on Feb 10, 2021 11:27am
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Comment by NPCexe on Feb 10, 2021 11:38am
I just hope enb has better earnings than KEY. That was so disappointing today. Add stock manipulation to that and it becomes a bloodbath
Comment by FreeAtFiddy on Feb 10, 2021 12:47pm
This post has been removed in accordance with Community Policy
Comment by NPCexe on Feb 10, 2021 12:59pm
I'm not as worried about KEY, I thought I held more than I actually did, I'm actually worried about ENB, which I hold more of. I think they'll be much better. Otherwise I'm gonna be really pissed.... how do you post worse earnings than 2020?! Guess some impairment charges were finally accounted for that was finally reflected in earnings
Comment by Quintessential1 on Feb 10, 2021 1:05pm
Can't keep track of all your investments huh...how many do you have ...just the two? LOL
Comment by NPCexe on Feb 10, 2021 1:53pm
Remember how people were complaining about useless chatter and insults? Why don't ya settle down there and worry about your own investments.
Comment by Quintessential1 on Feb 10, 2021 2:25pm
Why stop now when I am having so much fun at what I'm pretty sure is your expense. My investments are awesome.  Goose went up 25% last week and slated for another 25% before summer.  Don't get me started on Peyto.  You keep the dog whistling to minimum.  It sets me off. 
Comment by NPCexe on Feb 10, 2021 2:51pm
Hahahah sure thing bud, does bragging on the internet about your imaginary stocks make you feel like a big man? That's why you're still stocking them pads
Comment by Quintessential1 on Feb 10, 2021 3:46pm
Does crying on the internet make you feel better about your lousy stock choices?  Honestly, I am half hoping the ENB ER tanks tomorrow just so I can watch you cry some more. If you need something to dry up them tears,  the pads are all restocked and I used that money to buy some great stocks. ;-) LMAO!
Comment by NPCexe on Feb 10, 2021 4:17pm
lol you actually think ENB and KEY are terrible stocks eh... funny how you waste time on boards you don't own. Your predictions have been terrible, your links are garbage, and you don't even read anything you post. Maybe work on that first
Comment by Quintessential1 on Feb 10, 2021 4:29pm
Oh I own Enbridge just not Key.  I knew the ER was going to suck and I have been waiting for it to tank so I could buy up some cheap shares with the profits I gleaned elsewhere. What's funny is that this greenie, commie, libtard jackal is making a ton of money off oil and gas stocks and communist china and you're "left" holding his bag.  Ironic huh?   
Comment by NPCexe on Feb 10, 2021 4:36pm
Very sad you comment on boards you don't own. And of course you knew earnings were gonna suck, just like your prediction of 50 before ex div for enb. Keep embarassing yourself. Next you will tell us you made a cool million on tsla. Hahah what a joker
Comment by Quintessential1 on Feb 10, 2021 4:54pm
Well nut 1 of the Junk CREW the only thing sad around here is you and your big Keyera dump today.  Maybe when the yeild goes above 8% I'll take your shares off your hands for you.  Until then keep holding my bag for me.
Comment by NPCexe on Feb 10, 2021 5:03pm
Time to educate you again quinny: bag holder means you're down on your initial investment, you tool. How does it feel to know that Fiddy was right and you were wrong? I can see it's painful, use those pads, quick! The only bag you will ever own is a bag of pads. XD
Comment by Quintessential1 on Feb 10, 2021 5:12pm
Well nut 1 being wrong feels pretty right when my enbridge share price is up.  Oh and you're a bag holder alright...in more ways than one.
Comment by FreeAtFiddy on Feb 10, 2021 1:49pm
This post has been removed in accordance with Community Policy
Comment by NPCexe on Feb 10, 2021 2:16pm
Will have to see after enb earnings, and what KEY will do in the next couple of months
Comment by NPCexe on Feb 10, 2021 4:33pm
KEY will be fine in the long run. If this vaccine stuff keeps markets steady, KEY is well positioned. Div is still very well covered and I bought it at 20.
Comment by FreeAtFiddy on Feb 10, 2021 12:56pm
This post has been removed in accordance with Community Policy
Comment by staythecourse on Feb 10, 2021 11:41am
I agree 100% on your two points. People also don't realize that in the 1950s, one had to work 45 minutes to afford a gallon of gas. Today, you need only work about 12 minutes. Production of alternative energy comes at a cost and a healthy pipleline industry can invest in that when there's a business case. Investment funds could come from pipeline profits, not the taxpayer.
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