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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 > More on the 1977 Treaty: Exceptions and L5 Shutdown
View:
Post by ckwong on Oct 05, 2021 9:09am

More on the 1977 Treaty: Exceptions and L5 Shutdown

Financial Post reported that there are exceptions.

Ottawa invokes 1977 pipelines treaty in bid to resolve Enbridge's Line 5 dispute

The treaty does provide a few exceptions, including “in the event of an actual or threatened natural disaster.”

It also has some comments from environmentalist:


American environmental groups said the Canadian federal government is invoking the treaty just as another aging underwater pipeline, operated by Beta Offshore Co., leaked in California and spilled 3,000 barrels of oil into the Pacific Ocean, leaving an oil slick on Orange County beaches.

“On the very day we’re seeing the effects of an oil pipeline rupture on the West Coast, Canada is seeking to increase the risk of an oil rupture in the Great Lakes by delaying the orderly shut down of Line 5,” Beth Wallace, Great Lakes conservation manager for the National Wildlife Federation, said in a statement.

“Michigan has the right and duty to protect the Great Lakes from the devastation we’re seeing in California and Canada and should be seeking alternatives instead of delays,” Wallace said.

You may want to watch the embedded video title

You may want to watch the embedded video "Shutting Line 5 will be a 'disaster', encourage imports from OPEC" starting around 4:00.
Comment by corvette67 on Oct 05, 2021 11:02am
What Wallace seems to overlook or not mention is that ENB is offering to build a tunnel under the river enclosing a new pipeline. GLTA
Comment by FiddyFiddyOddz on Oct 05, 2021 11:09am
Treaty or not, Gov Whitmer hasn't lost this battle yet - far from it. It's a pretty hard sell to tell the world Line 5 should exist when all one has to do is turn on the 6 'o'clock news and look at the devistation the California leak has caused. Images of oil covered dolphins, and pelicans so crude laden they can no longer fly, gives Whitmer all the ammo she needs. As a ...more  
Comment by Chad123 on Oct 05, 2021 12:22pm
NAW. Good for the economy. Puts people to work.
Comment by FiddyFiddyOddz on Oct 05, 2021 2:18pm
Chad - Folks finding work won't be an issue, there will be lots of work in the trucking industry if Whitmer is successful.  Sarnia's streets will be paved in gold, those truckers will be raking in so much overtime they won't know what to do with it....LOL Chad wrote:"NAW. Good for the economy. Puts people to work."
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