Enbridge Inc T.ENB

"Periods of negative oil demand growth are extremely rare"

[Quintessential1]

One of the biggest oil stock bulls on Bay Street is reminding investors that recessions don't always send demand for crude into negative territory.

https://ca.style.yahoo.com/canadas-oil-stock-bull-says-sector-less-sensitive-to-recession-this-time-162115365.html

Increasing oil demand means more oil thorugh pipes.

Which means more profits for oil pipline companies.

Right...Right!

Go Enbridge! ;-)

[FiddyFiddyOddzz]

Meanwhile, Enbridge's debt becomes more and more expensive to serivce with each and every rate hike....*Tsk Tsk Tsk* Quin wrote:"One of the biggest oil stock bulls on Bay Street is reminding investors that recessions don't always send demand for crude into negative territory. https://ca.style.yahoo.com/canadas-oil-stock-bull-says-sector-less-sensitive-to-recession-this-time

[Quintessential1]

Meh,  not a problem according to this guy. https://www.bnnbloomberg.ca/video/david-baskin-discusses-pembina-pipeline-vs-enbridge~2498861 Oh yeah. Go Enbridge! ;-)

[FiddyFiddyOddzz]

I wonder if anyone told Nut Bar, um, i mean Nuttal to refresh his screen.  Perhaps he's unaware that oil is sub 80..... Right ?.....Right......... Quin wrote:"Meh,  not a problem according to this guy. https://www.bnnbloomberg.ca/video/david-baskin-discusses-pembina-pipeline-vs-enbridge~2498861 Oh yeah. Go Enbridge! ;-)"

[Quintessential1]

Can you say Strategic Petroleum Reserve release? Go Enbridge! ;-)

[FiddyFiddyOddzz]

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[Quintessential1]

This post has been removed in accordance with Community Policy