Pipeline bills progress in the Virginia General Assembly

Two measures designed to improve state oversight of natural gas pipelines have now passed the Virginia Senate and are headed for floor consideration in the House of Delegates.

  • SB1265, sponsored by Sen. Deeds, authorizes the Department of Environmental Quality (DEQ) to conduct inspections of land-disturbing activities related to construction of any natural gas transmission pipeline equal to or greater than 24 inches inside diameter.

Leading credit rating firm voices concerns about the MVP

Fitch Ratings, one of the leading firms that provides credit ratings, commentary and economic research, has voiced doubts about the viability of the Mountain Valley Pipeline.  In a January 28 issue of its Fitch Wire, the firm stated:

President Joe Biden’s executive order that revoked Keystone XL’s Presidential Permit may be an indicator of his administration’s aversion to long-distance projects in US midstream energy,