Constitution pipeline could bring $11.6 billion in savings to Northeast, says S&P By Investing.com
Update: 2025-11-04
Description
Breaking News: Constitution Pipeline Proposal Promises Energy Savings and Job Growth in NortheastA new report from S and P Global highlights the potential benefits of the Constitution natural gas pipeline, a project from Williams Companies. The proposed pipeline could save the Northeast up to $11.6 billion on energy costs over the next fifteen years and support nearly 2,000 jobs annually. The pipeline is expected to pump $4.4 billion into the region's gross state product and bring in over $400 million in federal and state tax revenues. It could also reduce local gas prices by around 6% during peak demand months and encourage households to switch from heating oil to natural gas, reducing greenhouse gas emissions. However, the proposal still faces regulatory hurdles and public debate.
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