• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 6 days America should go after China but it should be done in a wise way.
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 14 hours Even Shell Agrees with Climate Change!
  • 2 days World could get rid of Putin and Russia but nobody is bold enough
  • 2 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 5 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 12 days Does Toyota Know Something That We Don’t?

Breaking News:

OPEC Lifts Production in February

Red Sea Crisis and OPEC+ Cuts Support Oil Prices

Red Sea Crisis and OPEC+ Cuts Support Oil Prices

Brent Crude prices have held…

Green Chemistry Breakthrough: Researchers Create Ethylene from CO2

Green Chemistry Breakthrough: Researchers Create Ethylene from CO2

University of Cincinnati engineers have…

Mountain Valley Pipeline Faces Another Setback

The U.S. Senate has blocked Senator Joe Manchin’s attempt at changing the energy project permitting process by amending the annual defense policy bill, Argus said on Friday.

The bill failed with a tie vote, at 47-47. Machin was hoping to secure the 60 votes required to break the filibuster. For Machin, it is a significant disappointment and likely ruins any chances that his bill will pass yet this year.

Manchin’s bill sought to alter the rules to allow fast-tracked permits and even automatically issued permits in order to complete the Mountain Valley natural gas pipeline. The bill secured just 7 Republican votes.

The Mountain Valley natural gas pipeline project is a pipeline system that would span 303 miles west from West Virginia to southern Virginia, bringing natural gas from the Marcellus and Utica shale basins to the Mid- and South Atlantic regions. The project has been delayed when a U.S. Court of Appeals earlier this year vacated Mountain Valley’s federal permits, arguing that the gpvernment approvals didn’t consider the impacts of erosion.

Senators Joe Manchin and Chuck Schumer agreed to pursue reform on permitting that would “require the relevant agencies to take all necessary actions to permit the construction and operation of the Mountain Valley Pipeline and give the DC Circuit jurisdiction over any further litigation,” after Joe Manchin did an about-face on the Democrats’ plans to pass legislation that secured hundreds of billions in climate change spending. Manchin eventually agreed to back the bill after initially refusing, handing the Democrats a climate victory.

The Mountain Valley Pipeline is said to be languishing at the 90% complete mark, with costs increasing with each delay. The original price tag for the project was estimated at $3.7 billion but has now ballooned to more than $6 billion.

Manchin has thrown his weight behind the Mountain Valley Pipeline to provide West Virginia a way of exporting its natural gas to other markets and boost the state’s economy.

By Julianne Geiger for Oilprice.com


More Top Reads from Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News