Despite Supreme Court Win, Energy Companies Cancel $8 Billion Atlantic Coast Pipeline

The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.

Despite a victory last month at the United States Supreme Court over a critical permit, Dominion Energy and Duke Energy said in a news release that “recent developments have created an unacceptable layer of uncertainty and anticipated delays” for the 600-mile project designed to cross West Virginia and Virginia into North Carolina.

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Supremes Revive Permit for Pipeline Under Appalachian Trail

The Supreme Court on Monday paved the way for a critical permit for a proposed natural gas pipeline that would cross under the Appalachian Trail, siding with energy companies and the Trump administration.

The justices ruled 7-2 to reverse a lower court ruling that had thrown out the permit for the Atlantic Coast Pipeline. It would bring natural gas from West Virginia to growing markets in Virginia and North Carolina. Its supporters say the pipeline would bring economic development, thousands of jobs and reduced energy costs for consumers.

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Commentary: Trump’s Energy Policies Are Paying Off for Workers and Consumers

by Richard McCarty   With the liberal media busy looking for excuses to attack President Trump and his administration, you might have missed some good news on the energy front. American energy jobs are being created, gas prices are dropping, energy imports are dropping and energy exports are rising. Since…

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