Enbridge (ENB) Snubs Canada By Investing $2 Billion in U.S. Pipeline Project - InvestingChannel

Enbridge (ENB) Snubs Canada By Investing $2 Billion in U.S. Pipeline Project

Enbridge Inc. (TSX:ENB)(NYSE:ENB) has announced it has joined forces with Marathon Petroleum Corp (NYSE:MPC) to buy 37% of the Bakken pipeline project from Energy Transfer Partners and Sunoco Logistics Partners for $2 billion.
This acquisition opportunity was attractive to Enbridge for a number of reasons. The company gets to expand in the United …View the full post at: Enbridge Snubs Canada By Investing $2 Billion in U.S. Pipeline Project

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