By Free Republic | Created at 2025-01-11 22:57:32 | Updated at 2025-01-16 05:10:47
4 days ago
Enbridge CEO says planning underway to boost capacity under Trump administration: report
Seeking Alpha ^ | Jan. 11, 2025 10:12 AM ET | Rob Johnson,
Posted on 01/11/2025 1:56:06 PM PST by UMCRevMom@aol.com
Enbridge (NYSE:ENB) is working on plans to boost the capacity of its oil pipeline system in the U.S. if the next Trump administration kicks off a boom in drilling, Bloomberg reported Saturday, citing an interview with Chief Executive Greg Ebel.
Ebel was quoted as saying that Enbridge sees a chance to transport “several hundred thousand” more barrels of oil daily in the U.S. in the next two to three years, mostly by optimizing its current system with procedures like looped sections and agents that reduce drag.
(Excerpt) Read more at seekingalpha.com ...
TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: capacity; energy; oil; trump
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August 19, 20222:48 PM EDT example Biden policy:
"Judge doubles down on blocking Biden oil, gas pause in 13 states" https://www.reuters.com/legal/litigation/judge-doubles-down-blocking-biden-oil-gas-pause-13-states-2022-08-19/ By Clark Mindock
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