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Thursday, December 4, 2014

Constitution Pipeline Approved By Obama Administration -- December 4, 2014

The AP is reporting:
Federal energy regulators have approved a $700 million pipeline project designed to ferry cheap Marcellus Shale natural gas from Pennsylvania into high-priced markets in New England and New York.
Data points:
  • 124 miles
  • could be operational by next winter (2015 - 2016)
  • Williams Partners and Cabot Oil & Gas are lead partners
  • will be about half the cost of Gulf of Mexico gas that is typically sold in the northeast
  • route: from Penssylvania's Susquehanna County through New York's Broome, Chenango, and Delaware Counties, to connect with the existing Tennessee and Iroquois pipelines in Schoharie County, 80 miles southwest of Albany
A map can be seen at this link, and a bit of schadenfreude.

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TrainWreck

Being tweeted now: Obama administration acknowledges average premiums for HealthCare.gov policies will rise for 2015 - @AP

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