TransCanada’s July 1 Merger with Columbia Pipeline Advances
In March MDN reported that Canadian midstream giant TransCanada wants a bigger piece of the Marcellus/Utica pipeline pie and has decided to buy Columbia Pipeline Group for $10 billion (see TransCanada Makes Play to Buy Columbia Pipeline for $10B). Columbia Pipeline shareholders are due to vote on the deal in June (see Columbia Pipeline Shareholders to Vote on TransCanada Deal June 22). There are numerous regulatory hoops to jump through before the merger/purchase becomes official. TransCanada has announced another such hoop has been successfully jumped through. On Tuesday, TransCanada announced the waiting period under the Hart-Scott-Rodino Anti-Trust Improvements Act (HSR Act) was terminated early by the U.S. Federal Trade Commission. That means the FTC has taken a look and doesn’t object…
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Three cheers for Williams. Hip hip horray! Williams announced yesterday a two-pronged legal challenge against New York State and its decision to deny stream crossing permits for the federally-approved Constitution Pipeline project (see 

The Constitution Pipleine from northeastern Pennsylvania into east-central New York State is not the only pipeline project to get delayed. It is one of five highly important projects for drillers in the Marcellus/Utica region that are either delayed–or even canceled. What are the other four projects? Read on…

A general warning and heads-up on the newest/latest attack in the Federal Energy Regulatory Commission (FERC). Well, maybe it’s not all that new–it’s been going on for a few years–but the intensity and pace of the attacks have picked up. We’re talking about the argument being made by anti fossil-fuelers that FERC doesn’t, by law, consider all pipelines when it evaluates a single pipeline–i.e. “cumulative effects.” For example, if three different pipeline requests for the same region are filed with FERC, FERC does not have the authority to decide only one of the three is really “needed” and that building all three would be “overbuilding.” FERC evaluates them one by one and (properly so) and lets the free market (i.e. capitalism) decide which one(s) will get built. FERC is not in the business of Communistic command-and-control decisions over private companies. FERC’s concern is that a given, single pipeline project doesn’t harm the environment and shows a need. Period. Antis, detecting an opportunity, want to force FERC, either by social pressure or by the courts, to take into consideration larger regional concerns–and even mythical global warming concerns–before making decisions. Here’s the latest example, from Virginia…
Last night representatives from Spectra Energy held a town hall meeting at the Congruity Presbyterian Church in Westmoreland County, PA to discuss the explosion of Spectra’s Texas Eastern Transmission’s (TETCO) “Delmont Line 27” which exploded in Westmoreland County, PA on April 29 (see 

