2016-04-25-IEEFA-Kunkel-pipeline-map-360x216

Posted: Monday, October 3, 2016 2:00 am

Maybe it is time for FERC to listen to outside experts and not just rely on its staff, which love to rubber-stamp “Approval” for all pipelines?

Synapse Energy Economics, Inc., a leading international research and consulting firm from Cambridge, Mass., released a study this month which examined the natural gas pipeline situation in Virginia. Looking at current as well as future needs they provided statistics which showed that neither the Mountain Valley Pipeline nor the Atlantic Coast Pipeline is needed.

Companies, such as Dominion, like pipelines because they return the highest profit margin on any type of capital investment – as much as 14 percent annually. And it’s guaranteed by the State Corporation Commission.

EARLE MITCHELL

SPRINGFIELD

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