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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 > Protectionist
View:
Post by MaterialsMan on Dec 01, 2024 10:23am

Protectionist

Trump is now threatening to stop the flow of oil from Canada into the U.S. through the use of special tariffs.
I don't quite understand why, unless it's just to protect U.S. producers from foreign competition.
I hope this doesn't upset the applecart, as ENB has had great momentum lately.
Monday's price action should say a lot.
Comment by wannabebuffet on Dec 01, 2024 10:51am
More Trump BS. US refineries need heavy oil to mix with the light US oil produced in the states. They can get heavy oil from Mexico but the Mexicans are looking at stopping exports and refining it in Mexico. That leaves Canada as the most likely supply. Unless 'the donald' wants to ask Iran for their oil?
Comment by Ocalaman on Dec 01, 2024 11:36am
It would be virtually impossible for the usa to replace Canadian and Mexican oil if he puts a tarriff on it let alone the dramatic effect it would have on retail and whoelsale fuel prices to the end users ,heres the percentage of total cosumption they imported in 2023 which means they could only produce roughly 15% of what they consume Canada: 60% of U.S. crude oil imports Mexico: 10% of ...more  
Comment by Marty47 on Dec 01, 2024 3:33pm
We have an idiot with a literature degree who will be good making kids book , we need to flush this bozo and his minions and elect a business man to build pipeline and lng terminal asap to export to china , Germany Europe .... I'm sure some local natives will go for it , many don't have running water , poor housing we all the money we can help with their problem , we can do this stuff and ...more  
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