Pipe Under Potomac River Comes Back to Life; Maryland Mixed Signals
Columbia Gas, a subsidiary of Canada-based TC Energy, wants to build a tiny 3.37-mile, 8-inch pipeline under the Potomac River from Maryland to West Virginia. The Eastern Panhandle Expansion, as it is called, is being blocked by the lefties in Maryland (see Fed Judge Upholds Maryland Decision to Block Pipe Under Potomac). Maryland used the same flawed legal argument that New Jersey used to block PennEast Pipeline–that eminent domain can’t be used against land owned or controlled by a state. PennEast won its case against NJ in the U.S. Supreme Court in June (see PennEast Pipeline Squeaks Out 5-4 Supreme Court Victory Over NJ). Columbia now has grounds and is challenging Maryland in court once again. Columbia expects to win, and for good reason.
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American Energy Partners, Inc. (AEPT), based in Allentown, PA, is a small but diversified company. They have their fingers in a number of different oil and gas pies, including subsidiaries in drilling, remediation, water, valuation services, and education. Yesterday American Energy announced they have hired a former CNX Resources vice president to become the company’s new Chief Operating Officer. Kurtis Z. Hoffman has been hired as COO for American Energy effective January 1, 2022.