What MVP’s Latest Delay Means for Takeaway Constraints, M-U Prices

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Last week we brought you the bitterly disappointing news that the clown judges of the U.S. Court of Appeals for the Fourth Circuit (the 4th Circus) have, for a second time, overturned permits for Mountain Valley Pipeline (94% complete!) to build through 3.5 miles of Jefferson National Forest (see 4th Circus Clowns Overturn MVP Permit for Jeff Natl Forest, Again). That decision by a group of radicalized judges will have a big impact on takeaway capacity in the Marcellus/Utica, and ultimately on the price drillers can fetch for their gas.

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