Did Constitution Pipeline Prospects Improve with Trump Exec Order?

During the signing ceremony on Wednesday when President Trump signed two executive orders to make it harder for states to block new pipelines for political reasons, Trump revealed part of the motivation for the EOs when he said, “And also, in New York, they’re paying tremendous amounts of money more for energy to heat their homes because New York State blocked a permit to build the Constitution Pipeline.” So we ask the question, will Trump’s EO actually help get the Constitution built?
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PA DEP Committee Votes to Approve Onerous New Air Regs

Yesterday the Pennsylvania Dept. of Environmental Protection’s (DEP) Air Quality Technical Advisory Committee voted to recommend the DEP move forward with a proposed new regulation to control volatile organic compound (VOC) emissions, with a side benefit of reducing methane emissions, from existing oil and gas operations. It was a split vote, but it propels the regs to the next level.
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Big Green Kills 1000s of WV Jobs via Atlantic Coast Pipe Lawsuit

We’ve said it before, and we’ll say it again. Groups like the Sierra Club are jobs killers. When was the last time you heard about a Big Green group actually creating new jobs–except for paying a few protesters? They NEVER create jobs, they ALWAYS kill jobs via lawsuits. And so it is with lawsuits that have stopped work on the 600-mile Atlantic Coast Pipeline (ACP) from West Virginia to North Carolina. Lawsuits launched by Big Green groups against ACP have resulted in thousands of people now out of work. Many of them worked for small companies.
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Foreign LNG Imports Kept New England Winter NatGas Prices Low

Trinidad’s Atlantic LNG facility

Although natural gas prices in New England at the Algonquin City Gate trading hub (Boston) spiked a few times this past winter, they didn’t spike anywhere near as much as the previous winter. In January 2018, prices at Algonquin spiked to $78.98/thousand cubic feet (see New England’s Lack of Pipelines = Most Expensive Gas in the WORLD). In January 2019, prices at Algonquin never got over $13.56/Mcf. The difference? Foreign LNG imports.
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Pittsburgh Panel Discusses Importance of NGL Storage

Seems like every few months there’s a meeting or conference somewhere in the Marcellus/Utica region that addresses the topic of ethane storage. Another such a meeting was held in Pittsburgh yesterday. The meeting was preparatory for the upcoming Northeast Petrochemical Exhibition and Conference to be held June 20-21 in Pittsburgh (must attend event!). As with other meetings like it, several NGL storage options were discussed.
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WV Wants to Extend I-68 Another 73 Miles for Shale Industry

Some 15 elected West Virginia officials met on Monday with the Route 2 | I-68 Authority. The aim of the meeting is to move the ball down the field (or the asphalt along the ground) in an effort to expand Route 2 to four lanes from Parkersburg, WV to Chester, WV, and to extend Interstate 68 from I-79 near Morgantown, WV westward to WV Route 2 along the Ohio River Valley, some 73 miles. The reason for the $1 billion project? To handle more shale-related traffic.
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Vermont Considers Banning All New Gas Pipelines, Infrastructure

Must be something in the water in Vermont. They elect people to high office like crazy Bernie Sanders and Pat “leaky” Leahy. And now there is a serious effort to pass a bill that will result in a ban on any kind of new infrastructure that supports natural gas. No more new local gas utility pipelines to new housing developments, no more new hookups for businesses locating in the state, no new hookups for factories, farms–no nothing. The reason? An abject, irrational hatred of fossil fuels. This cancer of irrational thinking has got to stop.
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Energy Stories of Interest: Fri, Apr 12, 2019

MARCELLUS/UTICA REGION: Trump executive order energizes Capito,?Manchin; Equitrans completes strategic acquisition of Eureka Midstream and Hornet Midstream; NATIONAL: U.S. natural gas stocks end heating season at the lowest level since 2014; Petchem demand, exports add complexity to propane market; Natural gas consumption projected to jump in 2019; AOC compares climate doom skeptics to grandparents who protested civil rights movement; Shale companies, adding ever more wells, threaten future of U.S. oil boom; INTERNATIONAL: LNG as marine fuel could reduce greenhouse gas up to 21%; Nord Stream 2 gas pipeline hits 1,000-kilometer mark; U.S. natural gas market is taking cues from China; Iraq is finally pumping enough oil to flex its muscles in OPEC.
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