Currents - Energy Industry Insights - February 2019 #2

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New Fortress Energy LNG Plant Demonstrates New York Insanity -

"For those unfamiliar with the facility, the plant is a gigantic $800 million investment that will take in natural gas from the Marcellus Shale and liquefy it for transportation to other markets."

Why this is important: The construction of the Wyalusing LNG plant by New Fortress Energy in Pennsylvania showcases how much the misguided opposition by environmental groups and state government in New York to the construction of new natural gas pipelines, which would service New England, is harmful to consumers. Additional pipeline capacity opposed by groups in both states would transport cheap Appalachian shale gas to New England and help reduce the utility costs of residential and commercial consumers in the Northeast....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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