[All] Line 10 decision and lots of news on Enbridge stuff.

Sat May 4 00:42:47 EDT 2019

 Hi folks
Three things. 
1. The NEB made their decision on Enbridge Line 10 and permitted Enbridge to sell the pipe to Westover Express with lots of conditions that are likely going to cost them a fair bit of money to put together. It adds delay and conditions that might not pan out for them at all. We'll have to see what they choose to do. The link to the full decision is at the end of this email for you. 

2. There was a SECOND anchor that hit Enbridge Line 5 in April.  Enbridge's executives are promising to provide info on that soon. Article here: 

3. Global Energy Monitor reports that Enbridge Energy is engaging in a particularly risky expansion, according to Ted Nace, co-author of the report. He says Enbridge, the world's third largest pipeline company, has a heavy debt load. That could leave the company at risk of needing government bailouts if global demand for natural gas stays stagnant, or falls. Of course Canada is busy trying to download this boondoggle onto First Nations now at bargain basement prices while promising the moon. 
Here is a news article about this: https://www.michiganradio.org/post/report-warns-enbridge-dte-part-pipeline-bubble-could-burstThis is the full report. http://globalenergymonitor.org/wp-content/uploads/2019/04/GFITPipelineBubble_2019_v6.pdf
Sorry I missed the last GREN meeting but I've been CRAZY busy with all sorts of events on the go from here to Toronto. I'm promoting them all these days. The turnout at today's Friday for Futures rally in Waterloo was amazing. We did a mock funeral and a die in that mirrored the ones the kids did at Carlton University in front of Trudeau at their Youth Rally. Photos in the attachments. Look at the last photo, the sign on the left. It had me laughing. 
Talk to you later! 
Lulu 

   ----- Forwarded Message ----- From: Rachel Savoie <Rachel.Savoie at neb-one.gc.ca>To: margery.fowke at enbridge.com <margery.fowke at enbridge.com>; jesse.ho at enbridge.com <jesse.ho at enbridge.com>; jrwagner at urc.com <jrwagner at urc.com>Cc: jgoudy at scottpetrie.com <jgoudy at scottpetrie.com>; guy.paparella at hamilton.ca <guy.paparella at hamilton.ca>; pickering.ruth at gmail.com <pickering.ruth at gmail.com>; water.lulu at yahoo.ca <water.lulu at yahoo.ca>; don.mclean at cogeco.ca <don.mclean at cogeco.ca>; keoughl at bennettjones.com <keoughl at bennettjones.com>Sent: Friday, May 3, 2019, 5:33:49 p.m. EDTSubject: National Energy Board - Letter Decision, MO-014-2019 and MO-015-2019 to Enbridge Pipelines Inc. and Westover Express Pipeline Limited – Sale and Purchase of Line 10 (A99283)

Good afternoon,

This is to notify you that the Board has issued a Letter Decision, MO-014-2019 and MO-015-2019 to Enbridge Pipelines Inc. and Westover Express Pipeline Limited – Sale and Purchase of Line 10.

This document can be viewed on the Board's website www.neb-one.gc.ca at receipt A99283 or at the following link: https://apps.neb-one.gc.ca/REGDOCS/Item/Filing/A99283

Do not hesitate to contact me if you have problems retrieving this document.

Regards,

Rachel Savoie

Regulatory Officer|Agente de réglementation

Secretary and Regulatory Services|Secrétaire et services de réglementation

National Energy Board|Office national de l’énergie

Suite 210, 517 10  Ave S.W. Calgary| 517, Dixième Avenue S.-O., salle 210, Calgary (Alberta) T2R 0A8

Telephone | téléphone 403-389-4240 | 1-800-899-1265

Rachel.savoie at neb-one.gc.ca

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