Atlantic Coast Pipeline delayed amid $2 billion – $3 billion price increase
The completion of the Atlantic Coast Pipeline has been delayed amid a projected cost increase to more than $7 billion, about $2 billion to $3 billion more than initial projections.In a separate development, two research organizations released a report questioning the viability of the project. The report released Jan. 29 by the Institute for Energy Economics and Financial Analysis and Oil Change International said lower consumer demand for natural gas and the availability of affordable […]
