Will You Be There? - The Spire STL Natural Gas Pipeline and the New Challenge to Already-Built Assets

RBN Energy Blogcast

Determining whether to approve plans for interstate natural gas pipeline projects has never been an easy task for the Federal Energy Regulatory Commission. There are so many things to consider, chief among them the need for the pipeline, impacts on the environment and landowners along the route, and what it all means for gas customers. But as complicated as the decision-making process may be, at least pipeline developers, gas producers, and customers knew that once a new pipeline was approved by FERC, permitted, built, and put into service that the matter was closed — that is, the pipeline was here to stay. Now, in the wake of a groundbreaking court ruling on a new gas pipeline near St. Louis, things are not so certain. As it turns out, we’re intimately familiar with the matter, having just made the case that the 65-mile Spire STL Pipeline is an important addition to the regional pipeline network that provides supply diversity, improved reliability, and access to lower-cost gas. In today’s RBN blog, we consider the evolution of FERC regulation of gas pipelines and the new uncertainty that all affected parties face.