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Cuomo Rejects NESE Pipe Again, Williams Walks Away
Is it time to turn the gas off for New York City and let the people there reap the “benefits” of having a dictator, Andrew Cuomo, as their governor? On Friday the NY Dept. of Environmental Conservation, thoroughly and completely corrupted by Cuomo, issued yet another rejection for the critically-needed Northeast Supply Enhancement (NESE) pipeline project. It was the last straw for Williams, the builder of the project, which has walked away from the project. Gas customers on Long Island, including parts of NYC, now face the real prospect of running out of natural gas (this is not an exaggeration). Andrew Cuomo is the grossest, most corrupt governor in NY’s history.
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Williams, the midstream/pipeline giant with major operations and assets in the Marcellus Shale, released its first-quarter update and held a conference call with analysts yesterday. The company wrote down the value of several projects, including the Constitution Pipeline, which led to a paper loss of $518 million in 1Q20. That’s the bad news. The good news is that the Marcellus (which Williams calls its Northeast G&P segment) saw revenues rise 23% in 1Q20.
Spectra Energy’s Algonquin Incremental Market (AIM) pipeline project is an $876 million expansion of the existing Algonquin pipeline system designed to carry 342 million cubic feet of natural gas per day to New England states that badly need the gas. On March 3, 2015, the Federal Energy Regulatory Commission (FERC) issued its final approval for the project, allowing the project to go forward. Construction began in 2015 and, following extreme opposition from New York State over a small portion of the project, it finally went online in 2016.
In February Williams official gave up on building a long-delayed project to flow natural gas from northeastern Pennsylvania into central New York, called the Constitution Pipeline (see 
Although it seems counterintuitive to say this, maybe NY Gov. Andrew Cuomo and his legion of radicalized Democrats have done New York landowners a favor with a permanent ban on fracking, passed as part of the most recent state budget (see 
While no one was paying attention, distracted with literal life and death issues due to the coronavirus pandemic, the uber-corrupt and sleazy Andrew Cuomo (worst governor EVER) slipped in a permanent ban on fracking into the annual state budget bill which is now the law of our fallen (and sick) land. This is truly a sad day for those of us who live in New York State. We seriously doubt there will ever be a Republican legislature and governor in NY to reverse the horrific damage now done to our civil liberties. Freedom died yesterday in New York State. We now live behind enemy lines.
While the Andrew Cuomo-corrupted New York Dept. of Environmental Conservation (DEC) can claim a victory in stopping the much-needed Constitution Pipeline (see 
Last week we told you the good news that Williams recently re-filed an application with the New Jersey Dept. of Environmental Protection to build one of two critical northeastern pipeline projects–called the Northeast Supply Enhancement (NESE) project (see 
Mob rule is the opposite of the rule of law. Mob rule is what’s being advocated under the guise of “protest” in Brooklyn, NY where a mob of anti-fossil fuelers are attempting to block the final few feet of construction for a 6.8-mile natural gas pipeline stretching from Brownsville to North Brooklyn. Utility company National Grid, responsible for flowing more natural gas to *meet demand* (and not run out) is working to complete a new gas main pipeline–and a mob in Greenpoint is hell-bent on stopping it. Why? Because they believe in “global warming” and have an irrational hatred of fossil fuels, including natural gas.
Andrew Cuomo’s blockade of important pipeline projects like the Williams Constitution Pipeline (from northeast PA into NY) continues to keep the price of natural gas high in the Empire State. The Constitution, which was supposed to be built years ago, is supposed to connect to two other interstate pipelines, one of them the Iroquois (see 
We’ve reported on the divestment meme for years–the effort by anti-fossil fuel radicals to force banks and investment firms to withdraw funding and refuse to invest in (or lend money to) any company that produces “fossil fuels.” Most recently Jim Cramer from CNBC’s “Mad Money” said, “I’m done with fossil fuels. They’re done. They’re just done.” (see 
As we reported earlier this week, New York Gov. Andrew Cuomo intends to take full advantage of a far-left, Democrat-controlled state legislature, in order to pass a permanent (for all time) ban on fracking (see 