USD/BTC = $110,054 Block 900,711 TL:DR

The actions on the projects, which have investments totaling about $2 billion, follow recent discussions between the Trump administration and New York Gov. Kathy Hochul that related to energy infrastructure in the state.

A company spokesperson confirmed to ENR on May 30 that the developer has asked the Federal Energy Regulatory Commission to reinstate the federal permit for the Northeast Supply Enhancement Project, a key 23-mile underwater segment from New Jersey to New York City that would run parallel to its existing Transco pipeline and then connect to it to provide gas for state markets.

Williams also will restart regulatory filings for work on the 124-mile, 30-in.-dia. Constitution gas line from northeastern Pennsylvania through Schoharie County, N.Y., which the firm canceled in 2020 after about seven years of development. It would connect to two other pipelines—the Iroquois Gas Transmission System and Tennessee Gas Pipeline—to move Marcellus gas from Pennsylvania into New York state and New England.

The New York Dept. of Environmental Conservation had declined to approve the project's water quality permit, claiming work would have had an impact on 251 streams. Williams claimed the action was politically motivated and sued. The firm claimed to have invested more than $350 million in project work before canceling it in 2020.

Hate it or love this current administration is all about deregulation and getting once scrapped energy infrastructure projects started again. But I definitely understand the concerns to keep the waterways safe. But 18k bitcoin to build a gas pipeline is a lot of BTC!