Marcellus Shale gas pipeline can cross holdout properties, judge rules

 

  • A U.S. district judge clears the way for construction of the 124-mile Constitution Pipeline across several Pennsylvania properties whose owners had not agreed to it, ruling that the project has the necessary permits and serves the public interest.
  • The lead partners in the project designed to ferry cheap Marcellus Shale natural gas to New York and New England are Williams Partners (WPZ, WMB) and Cabot Oil & Gas (NYSE:COG).
  • The group hopes to begin construction June 1 but still needs permits from the U.S. Army Corps of Engineers and New York’s Department of Environmental Conservation.

 

 

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