Latest news with #ConstitutionPipeline
Yahoo
3 days ago
- Business
- Yahoo
How Trump and Williams reviving the Constitution Pipeline may result in another New York gas project proceeding instead
President Trump's fixation with reviving a long-dead natural gas pipeline to New York is now resulting in action—for not one but two New York gas pipeline projects. Trump's focus on the 124-mile Constitution Pipeline that was canceled in 2020 may instead result in pipeline developer Williams Cos. reviving its more practical Northeast Supply Enhancement (NESE) project in New York instead, according to energy analysts. Williams filed a federal application May 29 to resuscitate its NESE project that expands its Transco natural gas pipeline network in New York, New Jersey and Pennsylvania. NESE was previously axed by Williams a year ago after state-level water permit denials. As for Constitution, Williams said it has begun 'working through state permitting matters' for the pipeline project that would run from the Marcellus Shale gas fields in northeastern Pennsylvania to markets in New York and beyond. The most feasible result is Williams is using the political and regulatory push from the Trump administration for Constitution to instead help it build the NESE project in New York, said Zach Krause, team lead for equity research at East Daley Analytics. 'Constitution is impractical,' Krause said, arguing the pipeline would tie into another pipeline network, called Iroquois, which is operating at full capacity and would need to turn away much of its existing gas flows from Canada to accommodate Constitution. '[NESE] is a project that works much better,' Krause said. NESE involves building about 37 miles of pipeline expanding parts of the Transco network in New York, New Jersey, and Pennsylvania to carry more gas to the New York and New Jersey markets. The new NESE application asks for expedited action by the Federal Energy Regulatory Commission by the end of August so construction could commence by the end of this year. Both the NESE and Constitution projects were killed amid regulatory and political pushback in New York, but now they're resurrected amid Trump's executive orders declaring a national energy emergency and a push for American energy dominations. Trump first brought up resuscitating Constitution back in February during an Oval Office briefing. The news even caught Williams CEO Alan Armstrong by surprise. Shortly thereafter, in an interview with this reporter for Hart Energy, Armstrong said, 'We were kind of like, 'Whoa, where'd that come from?'' He added, 'We'd love to see it get built, obviously.' In early May, during Williams' earning call, Armstrong placed a greater emphasis on the NESE project when asked about Constitution. 'NESE's a lot easier to pull the trigger on,' Armstrong said. 'Frankly, [it's] just a lot less complex and highly dependent on the state of New York and the governor there deciding that they need low-cost, low-emission energy into those markets. So, we'll see what happens on that.' Williams Executive Vice President Chad Zamarin, who will become CEO in July when Armstrong moves to the non-executive chairman role, added at the time, 'I don't think there's too much to mention yet on the Constitution. We're continuing to work on it.' In a May 29 statement, mentioning NESE first, Williams said, 'The NESE and Constitution projects are essential to address persistent natural gas supply constraints in the Northeast, constraints that have led to higher energy costs for consumers and increased reliance on higher-emission fuels like fuel oil.' Williams is progressing with the NESE project less than 10 days after the Trump administration removed its freeze on Equinor's Empire Wind project offshore of New York. With legal action pending after the Trump administration had placed a stop work order on Empire Wind, which was in the early stages of construction, New York Gov. Kathy Hochul intervened to help mediate the issue with the White House. When the Trump administration removed its objection to Empire Wind, Hochul said in a statement that she would 'work with the administration and private entities on new energy projects that meet the legal requirements under New York law.' While she denied any quid pro quo, the Trump administration alleged Hochul caved on the Williams pipeline projects. Trump's Interior secretary, Doug Burgum, who initially implemented the Empire Wind stoppage, said on social media, 'I am encouraged by Governor Hochul's comments about her willingness to move forward on critical pipeline capacity. Americans who live in New York and New England would see significant economic benefits and lower utility costs from increased access to reliable, affordable, clean American natural gas.' Hinds Howard, an energy analyst for CBRE Investment, said Williams would only move forward with NESE and Constitution if 'serious assurances [were] made' that the projects would see the finish line this time around. This story was originally featured on
Bloomberg
4 days ago
- Business
- Bloomberg
Williams to Revive Disputed Gas Pipeline Projects in New York
Williams Cos. is preparing to revive plans for two scrapped pipelines that would deliver natural gas to New York. The Tulsa-based company is preparing to file paperwork with federal energy regulators for both the Constitution Pipeline and Northeast Supply Enhancement project, which would transport natural gas from Pennsylvania across the Northeast, said people familiar with the matter who weren't authorized to speak publicly. Those filings could happen imminently, one of the people said.
Wall Street Journal
5 days ago
- Business
- Wall Street Journal
Controversial Constitution Pipeline Project Is About to Be Revived
Developers of two left-for-dead natural-gas pipeline projects in New York are preparing to file permitting paperwork with federal energy regulators to move forward with the projects, according to people familiar with the matter. Pipeline company Williams WMB 0.85%increase; green up pointing triangle is set to try again to build the Constitution and Northeast Supply Enhancement pipelines, which would shuttle natural gas from Appalachian gas fields throughout the Northeast.
Bloomberg
23-05-2025
- Business
- Bloomberg
New York's Pipeline Bargain Will Move the Fight to Massachusetts
New York Governor Kathy Hochul appears to have struck a deal with President Donald Trump offering support for a new natural gas pipeline in return for lifting his blockage of an offshore wind-power project. In doing so, Hochul may have shifted Trump's crosshairs over to Boston. Trump announced his desire for new gas pipelines in New England in one of his many energy-related executive orders earlier this year. In practice, that means bringing gas from Appalachia through New York by reviving previously proposed pipelines that were blocked by state opposition, such as the Constitution Pipeline targeting the Hudson Valley or the Northeast Supply Enhancement project into Long Island.
The Hill
20-05-2025
- Business
- The Hill
Trump allows offshore NY wind project
The Big Story The Trump administration will allow a major offshore wind project that will deliver power to New York to continue, Gov. Kathy Hochul (D-N.Y.) said Monday evening © Julia Demaree Nikhinson, Associated Press Interior Secretary Doug Burgum halted the project last month, claiming that the Biden administration did not adequately review it. But New York Gov. Kathy Hochul (D) said in a Monday evening post on X that she managed to 'save' the project by working with the Trump administration. '1,500 union jobs. 500,000 homes powered by wind. That's what Empire Wind 1 will deliver,' Hochul wrote. 'I've been working with President @realDonaldTrump to save this project & today learned we've been successful. Grateful for his partnership on projects that create jobs here in New York,' she added. Meanwhile, Burgum indicated in his own post the project's salvation may have come in response to pro-pipeline remarks from Hochul. 'I am encouraged by Governor Hochul's comments about her willingness to move forward on critical pipeline capacity,' Burgum wrote. 'Americans who live in New York and New England would see significant economic benefits and lower utility costs from increased access to reliable, affordable, clean American natural gas,' he added. Burgum did not name a specific pipeline. However, the Trump administration has pushed for Hochul's approval of the Constitution Pipeline, a gas pipeline that would run through New York. The pipeline project was canceled years ago after it failed to get approval from state regulators. Hochul spokesperson Paul DeMichele said via email that 'no deal on any natural gas pipeline was reached.' He directed The Hill to a statement from Hochul in which she said 'New York will work with the Administration and private entities on new energy projects that meet the legal requirements under New York law.' Read more at Welcome to The Hill's Energy & Environment newsletter, I'm Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. Did someone forward you this newsletter? Subscribe here. Essential Reads How policy will affect the energy and environment sectors now and in the future: Memorial Day weekend gas prices expected to be cheapest in years The gas prices for Memorial Day weekend are expected to be the cheapest, when adjusted for inflation, in recent years. Padilla places hold on Trump EPA nominees over efforts to ax California EV mandate Sen. Alex Padilla (D-Calif.) is placing a hold on the Trump administration's picks for key roles at the Environmental Protection Agency (EPA) over Republican efforts to ax a California state rule that phases out new gas-powered cars in the state. Rapid snowmelt jeopardizing summer water supply across the US West Above-normal temperatures combined with paltry precipitation levels have led to rapid snowmelts across the U.S. West — reducing water supplies for the spring and summer, federal meteorologists are warning. Thune tees up vote to nix California's EV mandate, defying Senate parliamentarian Senate Majority Leader John Thune (R-S.D.) is teeing up a contentious vote to overturn California's electric vehicle mandate, defying a ruling from the Senate parliamentarian. What We're Reading News we've flagged from other outlets touching on energy issues, the environment and other topics: Infamous PFAS polluter still spewing 'forever chemicals' (E&E News) Federal Judge Orders Trump Administration to Restore Environmental Grant Funding (Inside Climate News) On Tap Upcoming news themes and events we're watching: What Others are Reading Two key stories on The Hill right now: Senate unanimously approves bill to eliminate tax on tips The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing with the help of Democrats a top campaign promise of President Trump. Read more Democratic senator says he has recordings of favors 'promised' by Trump's IRS pick Sen. Ron Wyden (Ore.), the top Democrat on the Senate Finance Committee, said Tuesday he has recordings of business associates of President Trump's pick to lead the IRS, former Rep. Billy Long (R-Mo.), saying they expect to get favors from him once he is in office. Read more You're all caught up. See you tomorrow! Thank you for signing up! Subscribe to more newsletters here
