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Stock impact report

Minnesota governor's administration files appeal vs. Enbridge's Line 3 [Seeking Alpha]

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: Seeking Alpha
Enbridge's (NYSE: ENB ) Line 3 faces a new obstacle , as the administration of outgoing Minnesota Gov. Dayton appeals a state regulatory panel's approval of its plan to replace the aging oil pipeline in the state. Minnesota's Department of Commerce claims ENB did not provide a long-range demand forecast as state law requires or to show that the pipeline meets Minnesota's oil needs, saying most of the product would flow through the state to supply other states and countries. ENB says it provided multiple, detailed forecasts showing demand for the restored capacity on the Line 3 replacement for years to come, and that it believes the courts will affirm the decisions of the state Public Utilities Commission. Click to subscribe to real-time analytics on ENB Now read: Why Enbridge Is A Far Superior Investment Over IBM (Dividend Sensei) » Subscribe for full text news in your inbox Show less Read more
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