Williams

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    Reminder: Public Hearings This Week for Atlantic Sunrise Pipeline

    Just a quick reminder that the Pennsylvania Dept. of Environmental Protection is conducting four public hearings, beginning today and running through Wednesday, for the Williams Atlantic Sunrise Pipeline project. If there is any way you can make it to one of the hearings to show your support for the project, do it! Below is the DEP announcement sharing the locations for the hearings. Today are two hearings, both from 6-9p, one in Tunkhannock and the other in Lancaster. Tomorrow the hearing is in Bloomsburg, and Wednesday in Annville. Come out to support this critical pipeline project…
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    Rutgers Study Says Williams Pipeline to NYC Econ Boost of $327M

    Transco Northeast Supply Enhancement Project map – click for larger version

    In May 2016, Williams’ Transcontinental Gas Pipe Line Company (Transco) pre-filed with the Federal Energy Regulatory Commission (FERC) for a project called the Northeast Supply Enhancement project (see Williams Pre-Files with FERC to Expand Transco Pipeline in PA, NY). The new project will increase pipeline capacity and flows heading into northeastern markets. In particular, Transco wants to provide more natural gas to utility giant National Grid beginning with the 2019-2020 heating season. National Grid operates in New York City, Rhode Island and Massachusetts. At the time of pre-filing, Williams ran an open season to lock up commitments for the Northeast Supply Enhancement project (see Williams Announces Open Season for Northeast Supply Enhancement). The open season worked. National Grid committed to all 400,000 dekatherms (400 million cubic feet per day) of extra gas the project will provide. In March 2017, Williams filed a full, official application for the project (see Williams Files with FERC to Expand Transco Pipeline to NYC, NE). No doubt anticipating stiff opposition from lunatic anti-fossil fuelers, Williams commissioned an independent, third party study of the project with Rutgers University. Yesterday the Rutgers researchers released their comprehensive study (full copy below) that finds the Transco Northeast Supply Enhancement project, which will cost $1 billion to build, will generate $327 million in additional economic activity (GDP) in Pennsylvania, New Jersey and New York. In addition, the project will directly and indirectly generate 3,186 jobs during the one-year construction period, resulting in an estimated $234 million in labor income. This is great news for PA, NJ and NY residents…
    Read More “Rutgers Study Says Williams Pipeline to NYC Econ Boost of $327M”

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    Williams Swaps $1.4B of Old Debt for New Debt, Lowers Interest Rate

    As we have noticed with many upstream (drilling) and midstream (pipeline) companies over the years, these companies often float new IOUs (or “notes”) to pay off old IOUs. Midstream giant Williams is one of the latest to do so. Last Wednesday, May 31, Williams announced they would float $1.45 billion in new notes, due payable in 2027. The reason? To pay off notes due in 2023. Yesterday Williams said they got the new notes all sold. The up side to swapping debt, in this case, is that the new notes pay an interest rate of 3.75%, whereas the notes they are paying off (due in 2023) have an interest rate of 4.875%. So Williams shaved more than a full point off the interest they are paying for their IOUs–a technique that will save the company big bucks…
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    PA DEP to Hold 4 Public Hearings for Atlantic Sunrise Pipe in June

    Seems like forever we’ve been waiting for the Pennsylvania Dept. of Environmental Protection (DEP) to issue the final permits needed for the Williams Atlantic Sunrise Pipeline project to begin construction. Atlantic Sunrise is a $3 billion, 198-mile pipeline project running through 10 Pennsylvania counties to connect Marcellus Shale natural gas from northeastern PA with the Williams’ Transco pipeline in southern Lancaster County. The Federal Energy Regulatory Commission (FERC) gave its final seal of approval for the project in February (see Atlantic Sunrise Pipeline Gets Final Approval by FERC). But like NY, PA is holding up the project. The DEP has not, so far, granted necessary permits to allow construction to begin–those permits being Chapter 102 (earth disturbance) and Chapter 105 (waterway and wetland encroachment). Williams embarked on a public relations campaign to enlist support across the state to pressure PA Gov. Tom Wolf and the DEP to grant the permits so construction can (finally) begin. The Wolf DEP is holding up this project and the 8,000 jobs it will create during construction. Williams delivered a petition to Gov. Wolf with the signatures of 3,000 people supporting the project earlier this month (see PA Roars Its Approval of Atlantic Sunrise Pipeline with Petition, Comments). Perhaps that did the trick. Last Thursday the DEP announced four public hearings in June (otherwise known as circus freak shows, where antis parade in front of microphones and behave like asses). The DEP will also accept public comments until June 26. After that, we will hopefully get a swift round of issued permits and the backhoes will start digging… Read More “PA DEP to Hold 4 Public Hearings for Atlantic Sunrise Pipe in June”

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    Local Lancaster Businesses Ready to Profit from Atlantic Sunrise Pipeline

    When (not if) the Atlantic Sunrise Pipeline begins construction this summer in Lancaster County, PA, area businesses plan to take advantage of the economic boon that will arrive along with some 250 workers who will build it. Atlantic Sunrise is a $3 billion, 198-mile pipeline project running through 10 Pennsylvania counties to connect Marcellus Shale natural gas from northeastern PA with the Williams’ Transco pipeline in southern Lancaster County. Construction in Lancaster County will last approximately nine months and is projected to inject $75 million in the local economy. What kinds of businesses will benefit? Some include “housing, rental equipment, food sources, welding supplies, waste disposal, construction material, security, fuel, water trucks, concrete services, buses and transportation, auto repair, laundry services, drain tile work and hauling services.” And that’s only some of the services needed. Campgrounds are another business expected to experience a big uptick in demand. According to Williams spokesman Christopher Stockton, “We are encouraging all our construction contractors to utilize local service providers as much as possible.” That’s good news for local businesses. Here’s how local businesses in Lancaster County (and elsewhere) can sign up to get their piece of the Atlantic Sunrise action… Read More “Local Lancaster Businesses Ready to Profit from Atlantic Sunrise Pipeline”

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    Dela. Riverkeeper Loses Another Court Case Against Marcellus Pipe

    The U.S. Court of Appeals for the District of Columbia Circuit slapped down THE Delaware Riverkeeper in yet another crushing defeat for the virulent anti-fossil fuel organization (and mouthpiece for the William Penn Foundation, its main funder). Even though Williams’ Transco Leidy Southeast expansion project went online some 18 months ago, Riverkeeper sued the Federal Energy Regulatory Commission (FERC) some 14 months ago over its approval of the project (see Dela. Riverkeeper Sues FERC Again – Over Leidy Pipeline Expansion). Leidy Southeast was/is 30 miles of additional pipeline segments laid next to existing pipe, called loops, in Pennsylvania and New Jersey, along with upgrades at several compressor stations. The project bumped up the capacity of the mighty Transco pipeline by an extra 525,000 dekatherms of natural gas per day–enough natural gas to serve 2 million homes. The project means more Marcellus gas now flows south to new markets. Riverkeeper claimed FERC should not have approved the project until PA had issued federal 401 stream crossing permits under the Clean Water Act. It was a “procedural” objection. That is, Riverkeeper claimed FERC did things out of order and should be, we don’t know, shut down? Punished? Flogged? Prevented from doing it ever again? Riverkeeper also went after PA and NJ after they issued the 401 certificates, saying they shouldn’t have. The Third Circuit Court of Appeals (in Philadelphia) rejected that argument last August (see Court Rejects Dela. Riverkeeper Case Against PA DEP Pipe Approval). The new news is that the U.S. Court of Appeals for the District of Columbia Circuit has now rejected Riverkeeper’s case against FERC. The justices said FERC is free to approve projects prior to states issuing 401 certificates because a project approval still doesn’t mean the project will get built–unless the states DO issue those 401 certificates. It all sounds rather complicated to follow. The short version is this: Delaware Riverkeeper lost yet another court case against a pipeline project…
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    PA Manufacturers’ Assoc: NatGas Demand Going up 40% Next 10 Yrs

    Yesterday the 11th “Think About Energy” Briefing was held at Misericordia University, near Wilkes-Barre, PA. The session aimed to provide an update on the economic and environmental benefits of PA natural gas, and was organized/sponsored by Borton-Lawson, Cabot Oil & Gas, UGI Energy Services, UGI Utilities, and Williams, in conjunction with ACT for America and the Back Mountain Chamber of Commerce. About 100 people attended. Carl Marrara, vice president of government affairs for the Pennsylvania Manufacturers’ Association, had this to say: “The demand for natural gas is expected to increase by 40 percent over the next decade, and even more in Pennsylvania.” He said that more natural gas is needed by PA manufacturers, but slow pipeline infrastructure approvals by “government officials” are “holding up growth.” MDN friend Bill desRosiers of Cabot Oil & Gas was the moderator and master of ceremonies. Other speakers included: Abe Amorós of the Laborers’ International Union of North America (LiUNA), Mike Atchie of Williams, and Larry Godlasky of UGI Energy Services. Although it was a gas-friendly crowd, the session wasn’t, however, without a touch of controversy. One anti showed up–a math professor from Luzerne Community College–and left in a huff when the audience told him to shut up and sit down during the Q&A portion…
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    Williams Gets a New Chairman of the Board

    Stephen W. Bergstrom

    Midstream giant Williams has just appointed a new chairman of the board, Stephen W. Bergstrom, to replace current chairwoman, Dr. Kathleen B. Cooper. Cooper will remain on the board. Williams is the premier midstream (i.e. pipeline) operator in the Marcellus/Utica. The company’s assets are broad and deep, across the entire country. As we pointed out earlier this month, Williams has had quite a ride over the past five years (see Williams is Done Buying & Selling Assets – For Now). The company, according to CEO Alan Armstrong, has retooled itself to focus on natural gas. And perhaps that’s why there has been a change on board. By all accounts Dr. Cooper has done a great job. But she’s an economist, working at various energy companies and for the government. Bergstrom, on the other hand, is former CEO of American Midstream and Dynegy. He’s been in the trenches (pun intended) at other pipeline companies. At least, that’s our observation. The happy thing is that the change does not appear to be from undue influence by corporate raiders, like Keith “Mini-Me” Meister (protege of Carl Ichan)… Read More “Williams Gets a New Chairman of the Board”

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    PA State Senator Introducing Law to Send Protesters Cleanup Bill

    Here’s a story we LOVE! As we previously reported, anti-fossil fuel “protesters” (i.e. paid thugs) in North Dakota, there to try and stop the Dakota Access Pipeline from being completed (which didn’t work), left a major mess behind when they finally moved on (see Dakota Access Pipeline Protesters Turn Violent; Coming Here Next?). The protesters, supposedly there to protect Mom Earth, left behind massive piles of garbage which, with the spring floods, threatened the local environment they were supposedly there to protect. State and local governments ended up paying millions of dollars to clean up the filth left behind to avoid an environmental catastrophe. As we’ve also reported, a number of times, anti-fossil fuel zealots from Lancaster County, PA are attempting to lure the same group of paid rabble-rousers to peaceful Lancaster County to reenact the same destruction–in a bid to stop the Williams Atlantic Sunrise Pipeline project (see PA Anti Hopes to Bring Standing Rock Disaster to Lancaster County). Earlier this month a local state senator from Lancaster, Scott Martin, convened a closed-door meeting to help local law enforcement and first responders prepare for the coming lawlessness of the protesters (see Lancaster Forum to Focus on Handling Anarchists in Pipeline Protest). Now Sen. Martin is set to introduce legislation that will give the bill for any cleanup of a large protest camp–to the protesters! That’s right, if they want to “assemble peaceably” and speak their minds–go right ahead. But if you create a massive dump like you created in North Dakota, this time you (the nutty protesters) are going to pay to clean it up. LOVE IT!… Read More “PA State Senator Introducing Law to Send Protesters Cleanup Bill”

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    PA Roars Its Approval of Atlantic Sunrise Pipeline with Petition, Comments

    While Williams is battling New York State in court, and in Washington, to get its Constitution Pipeline approved, another Williams project in neighboring Pennsylvania is much closer to construction–the Atlantic Sunrise Pipeline project. Atlantic Sunrise is a $3 billion, 198-mile pipeline project running through 10 Pennsylvania counties to connect Marcellus Shale natural gas from northeastern PA with the Williams’ Transco pipeline in southern Lancaster County. The Federal Energy Regulatory Commission (FERC) gave its final seal of approval for the project in February (see Atlantic Sunrise Pipeline Gets Final Approval by FERC). But like NY, PA is holding up the project. The PA Dept. of Environmental Protection (DEP) has not, so far, granted necessary permits to allow construction to begin. Williams embarked on a public relations campaign to enlist support to pressure PA Gov. Tom Wolf and the DEP to grant the permits so construction can begin. The DEP is holding up this project and the 8,000 jobs it will create during construction. Yesterday, Williams delivered a petition to Gov. Wolf with the signatures of 3,000 people supporting the project. Will it be enough to get Wolf and the DEP off their collective rear ends to issue the permits?…
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    Williams is Done Buying & Selling Assets – For Now

    Williams CEO Alan Armstrong sat down with a Reuters reporter earlier this week to discuss the company and its deal making over the past few years, and what lies ahead. And boy oh boy, what a ride it has been! In June 2014, Williams cut a deal to buy out (and merge in) Access Midstream for $6 billion (see Big News: Williams Partners Buying Access Midstream for $6B). Access, with major pipeline gathering systems in the Marcellus/Utica, was the spun-off former Chesapeake Midstream. Under intense pressure from corporate raiders on its board, Williams agreed to sell itself to Energy Transfer in 2015 (see Williams Accepts ETE’s “Indecent Proposal” – Price Went Down $10B). In June 2016, the $20 billion takeover of Williams fell apart (see Dead as a Doornail: ETE Terminates Merger with Williams). In August 2016, Williams sold off its Canadian assets for $1 billion (see Bold Move – Williams Selling Canadian Assets for $1B). In March 2017, Williams significantly increased its ownership share in a pipeline gathering system in northeastern PA in a complex deal where it sold off its share in another pipeline system along the New Mexico/Texas border (see Williams Closes Deal to Increase Ownership in NEPA Pipeline System). And in April, Williams sold it’s Gulf Coast cracker plant for $2.1 billion (see Williams Sells Gulf Coast Cracker Plant to NOVA Chemicals). Whew. You can hardly keep up with all! Armstrong says the dealmaking is now done–at least for a while. The company likes what it has and will concentrate on making the most of their current assets… Read More “Williams is Done Buying & Selling Assets – For Now”

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    Williams Tries an End-Run Around NY DEC for Constitution Permit

    Does Williams have an “ace in the hole” with respect to the Constitution Pipeline? The Constitution, a ~$900 million, 124-mile pipeline planned to run from Susquehanna County, PA into Upstate New York, was approved by the Federal Energy Regulatory Commission (FERC) in December 2014 (see FERC Issues Final Approval for Constitution Pipeline in PA/NY). After a year and a half of delays from the New York State Dept. of Conservation (DEC), an organization now corrupted by Gov. Andrew Cuomo, the DEC capriciously denied stream crossing permits for the project (see NY Gov. Cuomo Refuses to Grant Permits for Constitution Pipeline). Williams, the builder of the project, subsequently sued in federal court to force the state to issue the permits. The outcome of that lawsuit is due any month now (see Constitution Pipeline Still Waiting on “Biggie” Court Decision). However, Williams is now attempting another strategy, parallel to their lawsuit, that may grant them game, set and match. The stream crossing permits withheld by the NY DEC are permits issued under Section 401 of the federal Clean Water Act. The DEC has the (delegated from the federal government) responsibility for issuing or denying Water Quality Certification (WQC) under Section 401. What if the feds were to snatch back that responsibility for themselves? Williams is asking the Trump White House to have the Army Corps of Engineers step in and grant the WQC for the Constitution under Section 401–as a replacement or substitute for the DEC. Such a move is allowed under the law–if a state refuses to act within a “reasonable” time period. If the Army Corps does step in and grant the Constitution a WQC, it would, in a word, emasculate the DEC and strip them of a great deal of their power–something we’ve previously warned about (see Bloomberg Predicts Court Will Strip NY’s Right to Stop Constitution). Will it work?… Read More “Williams Tries an End-Run Around NY DEC for Constitution Permit”

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    PA Protesters Protest Outside Mtg to Discuss Handling Protesters

    This one has us spitting nails. We have reported, for months, about the activities of so-called protesters against Williams’ $3 billion Atlantic Sunrise Pipeline project. In particular, there is a group in Lancaster County, PA opposing the pipeline creatively called Lancaster Against Pipelines (LAP). Some of their members previously attended and participated in protests against the Dakota Access Pipeline in Standing Rock, ND–protests that turned violent and destroyed millions of dollars in equipment (see Dakota Access Pipeline Protesters Turn Violent; Coming Here Next?). In February, the chief organizer of LAP, Mark Clatterbuck, who participated in the illegal activities in North Dakota last year, announced he intends to bring that kind of mayhem to Lancaster County (see PA Anti Hopes to Bring Standing Rock Disaster to Lancaster County). Clatterbuck set his plans in motion in March (see Protesters Try to Resurrect Failed ND Pipeline Fight in Lancaster). Let’s see, thousands of protesters illegally blocking construction workers, burning equipment, and taking shots at police officers. How does that all sound for Lancaster County? Not very good, according to local State Senator Scott Martin, who organized a closed-door meeting yesterday with area first responders and police, piping in a satellite feed from North Dakota officials to discuss what Lancaster might do to prevent what happened in North Dakota (see Lancaster Forum to Focus on Handling Anarchists in Pipeline Protest). The forum was held yesterday, and protesters were there to protest the meeting about how to handle protesters (kind of meta, isn’t it?). The protesters said it was “disrespectful” and “irresponsible” to plan how to avoid the disaster of Standing Rock. Does that beat all? Are these people actually lunatics escaped from an asylum? To not plan how to handle a sizable group of people (many of whom will come from out of the area) that plan to engage in breaking the law–is the height of irresponsibility. Kudos to Sen. Martin for protecting area residents, the environment, and the workers who will build the pipeline irregardless of the temper tantrums thrown by these adult children who claim to be protesters… Read More “PA Protesters Protest Outside Mtg to Discuss Handling Protesters”

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    Williams CEO Alan Armstrong Goes On the Record in PA

    Alan Armstrong

    Williams CEO Alan Armstrong, whom corporate raiders like Keith “Mini-Me” Meister tried to oust (unsuccessfully), recently made a visit to Pennsylvania. As part of that visit, he sat down for an interview in Harrisburg with the Central Penn Business Journal. During the interview, Armstrong talked about shale gas, PA regulation, and the $3 billion Atlantic Sunrise Pipeline project. Here’s a portion of the interview…
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    Atlantic Sunrise Pipeline Spreads $326,800 of Love in 11 PA Counties

    Fire departments, schools, parks and townships are some of the 44 Pennsylvania organizations in 11 counties that will receive $326,800 in funding *this spring* from Williams–through its bi-annual community grant program. Grants up to $10,000 per organization are being awarded by Williams in communities where the proposed Atlantic Sunrise pipeline project will be constructed and operated. This is the fifth round of grants for areas that will host or be affected by the Atlantic Sunrise Pipeline. All together (including this latest round of $326,800), Williams has now given away $1.79 million to communities on behalf of Atlantic Sunrise. Now that’s something worth celebrating! Is your organization eligible? Grant applications are available at www.williams.com/atlanticsunrise. Here’s a list of the organizations that will get grant money this spring…
    Read More “Atlantic Sunrise Pipeline Spreads $326,800 of Love in 11 PA Counties”

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    PR Campaign Gets Atlantic Sunrise Pipe to Change Course in PA

    Nesbitt Memorial Hospital – click for larger version

    If you’re a landowner and want to dissuade a pipeline, like, say, the Atlantic Sunrise Pipeline, from crossing your property–what can you do? It helps if your property belongs to one of the local dynasties (i.e. BIG money) and if you can hire high-priced lawyers and issue a blizzard of press releases via Business Wire at $500 a pop. Apparently that’s what it takes to convince a pipeline company to change its course. At least, that’s the lesson we take away from Geraldine Nesbitt, landowner of The Nesbitt Parcel in Dallas Township (Luzerne County, near Wilkes-Barre), PA. Nesbitt has been 100% against the Atlantic Sunrise project since learning its proposed route would cross her big-monied estate. Nesbitt’s heir, Abram Nesbitt, once built a hospital in Kingston, PA that reminds of Downton Abbey (see the picture). Atlantic Sunrise is a $3 billion, 198-mile pipeline project running through 10 Pennsylvania counties to connect Marcellus Shale natural gas from northeastern PA with the Williams’ Transco pipeline in southern Lancaster County. In February the Federal Energy Regulatory Commission (FERC) gave its final seal of approval for the project (see Atlantic Sunrise Pipeline Gets Final Approval by FERC). After FERC’s approval, Ms. Nesbitt’s lawyers began an aggressive publicity campaign to try and convince FERC to stop the project. Last week Williams (builder of Atlantic Sunrise) filed a request with FERC to adopt an alternative route around the Nesbitt estate–and all of a sudden Ms. Nesbitt “has never been opposed to natural gas pipelines.” What disgusting hypocrisy. If Joe Farmer wants the pipeline rerouted around his prized hay field–good luck with that. But if an old-line establishment family with BIG MONEY like the Nesbitts wants a reroute, they get it. We don’t like it…
    Read More “PR Campaign Gets Atlantic Sunrise Pipe to Change Course in PA”