Operators of contentious PennEast shale gas pipeline declare a retreat

Published by
The Philadelphia Inquirer

Just three months ago, the operators of the contentious PennEast Pipeline won an important U.S. Supreme Court victory allowing them to condemn land in New Jersey over the objections of state government. But in the boardrooms of the companies that engineered and financed the $1.2 billion natural gas project, they were not exactly exchanging high-fives. The five companies that make up PennEast Pipeline Co. LLC met after the court decision and decided that even though they had won at the nation’s high court, the project still faced significant legal challenges and delays getting regulatory approv…

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