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Enbridge Inc. (EBBNF)
Other OTC - Other OTC Delayed Price. Currency in USD
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There will be More investors thinking of ENBRIDGE ** the Stock is truly a fantastic Dividend stock) value it will float.48 to 54 for years** collect the Dividend
Regarding the 1977 Pipelines Treaty between Canada and the USA, which Canada invoked in its brief to the court:
We have a network of more than 70 pipelines and 30 electricity transmission lines that go cross-border. Of those, 21 pipelines flow from the United States to Canada, which makes Canada the largest market for U.S. exports of crude.
Let’s, for a minute, imagine if any province or state could simply start unilaterally cancelling these lines, citing “public trust” reasons. This may have been Canada’s not-so-subtle way of saying, “two can play at that game, but we don’t really want to.”
With the international treaty implications, the interstate implications and the potential precedent that would be set for every cross-border piece of energy infrastructure, it seems unlikely that the court would decide this matter as a purely state affair and that Whitmer had the sole authority to shut it down.
So what is her basis for ordering this shutdown????
Yes, its about $$$. She wants fees/royalties. Where I come from, we call it extortion.
Two can play at that game.
So, in addition to having the Pipelines Treaty on our side, I read somewhere that the easement agreement that Gretch wants to terminate is clear: If the governor really wants to terminate the easement, she has to send them a letter officially notifying them specifically how they are in breach of the easement agreement, and then give them a reasonable time to correct the violation. Then, if Enbridge fails to correct the problem, the easement can be terminated. All the jumping up and down in the world saying the line is unsafe and should be shut down doesn't terminate the agreement until that happens.
Ms. Whitmer’s bid to shut down Line 5 was an election promise she made in the 2018 gubernatorial race, and her concern is focused on the point where it crosses the Straits, a major waterway in northern Michigan. Her order revokes an easement permit for the crossing first granted in 1953.
The pipeline has never leaked oil in the Straits since it began operating in 1953. But in 2010, another pipeline operated by Enbridge, Line 6B, ruptured and released petroleum into a tributary of the Kalamazoo River, becoming one of the largest inland oil spills in U.S. history.
The shares of ENBRIDGE should be Attractive to many soon & 55.00 is the next level,,Dec/2021
Michigan Senate Republicans adopted a budget amendment Wednesday requiring the Department of Natural Resources to reimburse Enbridge's legal fees if the state loses its challenge to the Canadian company's easement for Line 5 through the Straits of Mackinac.
ENB is definitely oversold today i think, great time to load up for long term investors
When enbridge ex dividends comes in the stock normally
Loses more then you get on dividends
But I never sale
Today I bought another 5000 I’ll get $4200 on these shares
I googled about Ex dividends date
Let’s see Enbridge’s ex dividends
Was today May 13 if I sold the shares today I will get June dividends if I bought the shares today you need to have the shares one day before ex-,dividends vin order to collect theses dividends
It blows my mind how some politicians (and the people who elect them) would believe that removing the supply would somehow remove the demand. Close line 5, how are you gonna get 540,000 barrels to Sarnia every day? By truck and train? Is that really a more environmentally conscious decision?
Canada must stand up to the US. If the Enbridge Line 5 is shut down, there must be repercussions at all levels. We have endured the last 4 years of the prior administration and to say the least there is no love lost there. The US has treated Canada Badly!!!! And it continues to do so!!
This non sense panic selling provide opportunities .
Dont qualify for the dividend if you buy today correct? Cheers
Opinion: Canada needs a pipeline to Saint John NB.
Nevertheless i'll still be collecting my weekly $175.35 net ! Great company Great divi !
Enbridge has more Power and Swagger then the US Government! $50.00 by Years End!
If Canada stops sending all crude and natural gas to America just for a week, do you think they will get the message? Will that be any impact to US?
Enbridge is on sale I don’t resist buying the stock I can’t help my self
Bought in last year below $40 and now buying more at below $50. Excellent Company and perfect for your TFSA!
ENBRIDGE should be in every one's Dividend account!! $$$$$
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