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Oil, Gas, And Fracking News Read 11April 2021


The natural gas storage report from the EIA for the week ending April 2nd indicated that the amount of natural gas held in underground storage in the US rose by 20 billion cubic feet to 1,784 billion cubic feet by the end of the week, which left our gas supplies 235 billion cubic feet, or 11.6% below the 2,019 billion cubic feet that were in storage on April 2nd of last year, and 36 billion cubic feet, or 1.3% below the five-year average of 1,808 billion cubic feet of natural gas that have been in storage as of the 2nd of April in recent years..the 20 billion cubic feet that were added to US natural gas storage this week was less than the average forecast of a 27 billion cubic foot addition from an S&P Global Platts survey of analysts, and was also less than the 30 billion cubic feet added to natural gas storage during the corresponding week of a year earlier, but was well more than the average addition of 8 billion cubic feet of natural gas that have typically been injected into ....

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Enbridge to Biden: Straits of Mackinac Line 5 oil pipeline tunnel fits U.S. infrastructure plans


F. Carter Smith/Bloomberg
Al Monaco, president and CEO of Enbridge Inc., argues that blocking the existing Line 5 would trigger a crisis given its importance to Midwest refineries.
Enbridge Inc. wants to show the Joe Biden administration that the tunnel the Canadian company is building for its oil pipeline under Lake Michigan is exactly what the U.S. president s plan for better infrastructure is all about.
The tunnel project for the company s Line 5, opposed by Michigan governor and Biden ally Gretchen Whitmer, is the kind of upgrade that will make a crucial piece of infrastructure safer, Enbridge Chief Executive Officer Al Monaco said in an interview. The Calgary-based pipeline giant is engaging with the Biden administration to get that message across, he said. ....

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Enbridge CEO Says Line 5 Project Aligns with Biden Plan


Michigan Governor and Biden ally Gretchen Whitmer opposes the Line 5 tunnel project.
(Bloomberg) Enbridge Inc. wants to show the Joe Biden administration that the tunnel the Canadian company is building for its oil pipeline under Lake Michigan is exactly what the U.S. president’s plan for better infrastructure is all about.
The tunnel project for the company’s Line 5, opposed by Michigan Governor and Biden ally Gretchen Whitmer, is the kind of upgrade that will make a crucial piece of infrastructure safer, Enbridge Chief Executive Officer Al Monaco said in an interview. The Calgary-based pipeline giant is engaging with the Biden administration to get that message across, he said. ....

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Enbridge to Biden: Line 5 tunnel under Lake Michigan is building back better


Article content
Enbridge Inc. wants to show the Joe Biden administration that the tunnel the Canadian company is building for its oil pipeline under Lake Michigan is exactly what the U.S. president’s plan for better infrastructure is all about.
The tunnel project for the company’s Line 5, opposed by Michigan Governor and Biden ally Gretchen Whitmer, is the kind of upgrade that will make a crucial piece of infrastructure safer, Enbridge Chief Executive Officer Al Monaco said in an interview. The Calgary-based pipeline giant is engaging with the Biden administration to get that message across, he said.
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