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Enbridge Postpones Mainline Pipeline Phase Two Expansion

Enbridge has postponed the second phase of its Mainline oil pipeline expansion in Canada, citing a strategic shift to focus on growth opportunities in the United States. The decision delays additional capacity for Canada's largest oil pipeline system.

๐Ÿฟ๏ธ This postponement signals that Enbridge sees more immediate profit in US shale plays than in boosting Canadian oil export capacity.