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Enbridge has figured out an easier way to ship crude to the U.S.

  • Enbridge (NYSE:ENB) finds a way to ship more Alberta oil to the U.S. that does not require a review similar to the one faced by the Keystone XL pipeline - switching crude from one pipeline to another before it crosses the border - as the State Department OKs the company to move ahead with its cross-border Alberta Clipper project under authority granted by previously issued permits.
  • ENB plans to construct a link between the Alberta Clipper and the adjacent Line 3 pipeline; 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., ENB does not need the U.S. presidential permit required for new lines.
  • The plan is drawing criticism from environmental groups opposed to new imports from Canada’s oil sands because mining and processing the fuel releases more climate-warming carbon than other types of crude.
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Comments (5)
  • DrP79
    , contributor
    Comments (1401) | Send Message
     
    the plan is drawing criticism from some environmental groups because it involves energy of any kind
    25 Aug, 01:30 PM Reply Like
  • hhmcdon
    , contributor
    Comments (200) | Send Message
     
    Good Luck!! ENB. Don't hold your breath.
    25 Aug, 02:03 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2616) | Send Message
     
    3 card monte to get oil from Canada into the US, even though its our largest trading partner. Doesn't make any sense.
    25 Aug, 02:03 PM Reply Like
  • DrP79
    , contributor
    Comments (1401) | Send Message
     
    The obstruction does not make sense
    25 Aug, 02:16 PM Reply Like
  • Randy W
    , contributor
    Comments (63) | Send Message
     
    No problem...just quit using gasoline. A tax on gasoilne of $ 10/gal should be about right.
    25 Aug, 04:00 PM Reply Like
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