There are seven major pipelines in the Appalachian Basin that have been delayed even though FERC has approved the pipeline projects. The $17 billion sum is the budgets have been approved for the Nexus, Rover, Atlantic Sunrise, PennEast, Mariner East 2, Mountain Valley and Constitution pipelines.
This is money that is waiting to be spent. It’s been approved. It’s in the budget. Yes, they are “shovel ready” projects. The economic impact of these projects would be huge in PA, OH and WV. All the businesses and towns along the paths of these pipelines will feel the economic impact within months maybe even weeks of their final approvals.
Various groups are trying all types of tactics to keep the pipelines from being built. The ultimate goal of many of these groups is to stop fracking. Despite numerous studies by President Obama’s EPA, there is no scientific evidence that fracking is harmful to well water or water supplies. Would the fracking still be happening if the EPA found it harmful? Absolutely not.
Let’s hope with a new administration in Washington FREC will “stick to its guns” on the pipeline projects which it approved.
We will be closely monitoring FREC’s activities relative to these pipelines. We’ll let you know when each pipeline is approved.