Enbridge Preps Pipeline Buildout for Trump-Driven Drilling Boom
- Pipeline CEO plans ahead for imminent change in US leadership
- Company ships almost 6 million barrels of crude, liquids daily
A refinery near the Enbridge Line 5 pipeline in Sarnia, Ontario, Canada.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration succeeds in kicking off a drilling boom.
The company sees an opportunity to move “several hundred thousand” more barrels of oil a day within the US in the next two to three years, largely through optimizing its existing system with techniques like looped sections and drag-reducing agents, Chief Executive Officer Greg Ebel said in an interview Friday.