Post Tagged with: "PennEast"

Billion-Dollar PennEast Pipeline Approved by FERC

Billion-Dollar PennEast Pipeline Approved by FERC

Severe temperatures and extreme prices push FERC toward pipeline approval; will bring Marcellus gas to Pa., NJ customers According to PennEast Pipeline Company LLC, the Federal Energy Regulatory Commission (FERC) recognized the need for and the public benefit of the PennEast pipeline and issued an order on January 19, 2018, under section 7(c) of the Natural Gas Act – approving the pipeline for construction, subject to a series of conditions. FERC published a 106-page “Order Issuing Certificates” on its website. The PennEast pipeline, a 120-mile underground natural gas pipeline that will originate in Luzerne County, Pennsylvania and terminate in Mercer County, New Jersey. So far, the pipeline has received approximately $1 billion in investments and has been in planning since 2014. The formal FERC application was submitted in 2015. PennEast Pipeline Company LLC is a coalition of companies including NJR Pipeline Company; SJI Midstream; Southern Company Gas; Spectra Energy Partners;[Read More…]

Environmental Movement Targets FERC to Stop New Pipelines – An Exclusive Interview

Environmental Movement Targets FERC to Stop New Pipelines – An Exclusive Interview

U.S. Shale Gas Needs More Pipelines to Move the Gas to Market, but Anti-Fossil Fuel Groups are Out to Stop Pipelines In the past ten years, the shale revolution has changed the U.S. energy landscape. The economic extraction of oil and gas from shale deposits has opened new oil and natural gas supplies in North America, presented new opportunities for customers to benefit from energy development and created thousands of jobs to support shale’s development boom. But not everyone is happy about that. With the growth of oil and gas extraction from shale, numerous environmental groups have sought to stop the development of the resource. First came the anti-hydraulic fracturing demonstrations which led to moratoria and bans. But those who are opposed to fossil fuels have a new target: pipelines, LNG export terminals, and related oil and gas infrastructure. By preventing the permitting and development of the infrastructure necessary to[Read More…]