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0.000224215246636727 -0.000446188340807171 -0.000784753363228623 -0.000112107623318443 -0.000112107623318443 -0.00437219730941705 -0.000672645739910339 -0.000672645739910339
Stock impact report

Enbridge's pipeline tunnel in Michigan gets expedited by U.S. [BNN Bloomberg (Canada)]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Company Research Source: BNN Bloomberg
The U.S. Army Corps of Engineers said in a public notice that it would expedite a permit for the project following an executive order by the president declaring a national energy emergency. It comes as pipelines have been exceedingly difficult to build in the U.S. because of a slow federal permitting process and opposition from environmentalists. The pipeline has been operating since the 1950s, transporting up to 540,000 daily barrels of crude and natural gas liquids across Lake Michigan and Lake Huron en route to refineries in the US Midwest, Ontario and Quebec. Enbridge has been pushing to encase it in a tunnel to prevent spills into the Great Lakes, which more than 40 million people depend on for drinking water. The tunnel project, however, has has embroiled for years in court fights with environmentalists, indigenous groups and state officials, including Michigan Governor Gretchen Whitmer, who have pushed to shut down the pipeline altogether. The project would require borin Show less Read more
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