Alberta Pushes for More Oil Pipelines to US as Trump Returns [Yahoo! Finance Canada]
Enbridge Inc (ENB)
Last enbridge inc earnings: 2/14 07:00 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Danielle Smith's government has spoken with pipeline operators including Enbridge Inc., TC Energy Corp and South Bow Corp. about expanding oil export conduits to the US, including by twinning existing lines, before President-elect Donald Trump takes office in January, Smith said in an interview. Alberta, holder of the world's third-largest oil reserves, is one of the biggest foreign suppliers of crude to the US, and Smith is pushing for even more access. In previous US administrations, Canada faced pushback in building new pipelines to its southern neighbor, which depressed Canadian oil prices and stymied investment. “I know the Americans have increased production pretty dramatically in the last 10 years, but it might not always be that way,” she said, speaking after her province joined the recently established Governors' Coalition for Energy Security as the first non-US state member. “They need to know that if they're looking for additional supply, the
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ENB
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- 11/1/24 - Beat
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- 11/8/24 - Form SC
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