PennEast Pipeline announced, after three years, the Federal Energy Regulatory Commission has finally approved this very important pipeline project.
The Federal Energy Regulatory Commission (FERC) gave finally approval for the construction of the much needed PennEast Pipeline. The approval could not have come at a better time. After a two week cold snap, which pushed natural gas prices up, the PennEast Pipeline will be able to deliver reliable and affordable energy to families and businesses.
In a PennEast Pipeline news release (full copy below), Anthony Cox, Chair of the PennEast Pipeline Company LLC said the PennEast Pipeline will “lower gas and electricity costs, increase reliability, improve air quality, and make the region more competitive for jobs in the coming decades.”
Families and Businesses Will Receive Safe, Clean, Reliable and Affordable Energy
(Wyomissing, Pa.) – After incorporating the feedback from landowners, public officials, regulators and other stakeholders over the last three years as part of a concerted effort to include community input and reduce environmental impacts, the Federal Energy Regulatory Commission (FERC) recognized the clear need for, and public benefit of, the PennEast Pipeline and today issued an Order under section 7(c) of the Natural Gas Act approving its construction.
Read more:
http://naturalgasnow.org/major-victory-ferc-approves-penneast-pipeline/
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