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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (85794)6/26/2020 8:53:32 AM
From: Goose94Read Replies (1) of 202076
 
Enbridge (ENB-T) Warns On Line 5 Fallout

The Calgary-based pipeline operator is warning on potential unintended consequences after a Michigan judge ordered Line 5 to be temporarily taken offline pending an injunction hearing. “An extended shutdown of Line 5 would threaten fuel supplies in Michigan and Ohio resulting in critical gasoline supply shortages and gasoline price increases for consumers,” Enbridge said in a release late yesterday that confirmed it’s complying with the order. This all stems from Michigan’s attorney general crying foul over Enbridge’s recent handling of a misaligned screw anchor support. The AG’s request for an injunction will be formally taken up in a hearing on Tuesday. BNN.ca
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