Cabot Says Constitution Pipeline Construction to Begin this Fall
Last Friday during the Cabot Oil & Gas quarterly earnings call update with analysts, Cabot’s CEO Dan Dinges provided an important update on the Constitution Pipeline, a 125-mile pipeline that will stretch from the gas fields of Susquehanna County, PA into New York, to Schoharie County. It is a critically needed pipeline to get Cabot’s natural gas in Susquehanna County to markets throughout the northeast and New England. Although Williams is the lead company building the pipeline, Cabot is the other primary partner in the project. Currently the Constitution is 100% FERC authorized and they have 100% of the rights of way leases signed for the project. The only hold-up is the New York State Dept. of Environmental Conservation in granting 401 Water Quality Certificates that allows the Constitution to lay pipe through and under swamps, creeks and other bodies of water. According to Dinges, they expect NY to issue those permits any day now…
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Just when you’ve think you’ve heard it all when it comes to how evil and nasty fracking and shale drilling are, along comes another story of the horrors of shale drilling. An article in the most recent issue of the journal Invasive Plant Science and Management says shale and pipeline drilling in Colorado’s Piceance Basin (pronounced “pee awns”, located in northwestern Colorado) disturbs the dirt and because the dirt gets disturbed it gives non-native, “invasive” plants a chance to grab hold and choke out all other vegetation–or some such thing. Apparently the housing boom in Colorado that digs up more dirt than all of the drill pads and pipelines combined doesn’t have the same effect on the invaders. Maybe invasive plants don’t like the construction workers and backhoes that dig up dirt for a house foundation like they do construction workers and backhoes that dig up dirt for a drill pad or pipeline. Wait–they’re the same construction workers and backhoes? Shhh. Don’t tell the invasive plant species…