Williams 3Q: NESE in Limbo, SESE II Added, Ohio Power Projects Hum

Williams, the Tulsa company that owns the Transco pipeline (the biggest artery carrying Marcellus/Utica gas to the East Coast), turned in a record third quarter on Monday. But the most important thing for MDN readers came on Tuesday's earnings call: management admitted that the Third Circuit's decision to toss New Jersey's water permit for the Northeast Supply Enhancement (NESE) project "could put at risk our ability to get it online in time for next winter". Meanwhile, the Southeast side of Transco keeps growing, a new Leidy Line expansion is at FERC, four Williams gas-fired power plants for data centers are rising in Ohio, and Constitution Pipeline? Not one word.

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