% | $
Quotes you view appear here for quick access.

Suncor Energy Inc. Message Board

  • blackoutbuzz blackoutbuzz Aug 21, 2014 8:24 PM Flag

    ENB solved the problem

    Pure genius. This should benefit SU tar sands oil exports.

    @@@@@Enbridge Avoids U.S. Review With Plan to Boost Oil Sands By Jim Snyder and Rebecca Penty Aug 21, 2014 7:32 PM ET Enbridge Inc. (ENB) said it found a way to ship more Alberta oil to the U.S. that doesn’t require a Keystone XL-like review: switching crude from one pipeline to another before it crosses the border. The State Department, responsible for approving cross-border energy projects like the Alberta Clipper and the proposed Keystone XL line to the U.S. Gulf Coast, said in a statement that Enbridge can go forward with its plan under authority granted by previously issued permits. The Calgary-based company plans to construct a link between the Alberta Clipper and an adjacent pipeline known as Line 3. By transferring oil from the Clipper to Line 3 before it crosses the border and then back again after the oil is in the U.S., Enbridge doesn’t need a U.S. presidential permit that is required for new lines. “Very little work is required,” Terri Larson, a company spokeswoman, said. The transfer of oil from Alberta Clipper would happen in Gretna, Manitoba, 1.5 miles (2.4 kilometers) north of the U.S. border. The oil would get transferred back about 16 miles south of the border and be transported onto Superior, Wisconsin.

22.08+0.96(+4.55%)Feb 12 4:03 PMEST