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Enbridge Energy Partners, L.P. Message Board

  • mlpnewby59 mlpnewby59 Mar 5, 2005 9:07 AM Flag

    FERC approves Spearhead reversal

    This is great news for EEP investors. The article can be accessed through the ENB Yahoo headlines. Click on the most recent headline about the oil sands conference. When that link appears, look on the right hand column under related news stories. It is the top article with the words FERC in it. EEP stated that this reversal would add long haul tarriff's to the Lakehead system when and if reversed. This will add to the bottom line. More importantly, when ENB bought the Spearhead pipeline, they strongly hinted that they would drop it down to the partnership once the pipe was reversed. All this might come together early next year. The FERC approval starts the train rolling.

 
EEP
38.84+0.11(+0.28%)Dec 24 1:02 PMEST

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