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U.S. Government Shutdown Could Cause Pipeline Permit Delays

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Industry Segment: Pipelines | Word Count: 343 Words

SUGAR LAND--October 4, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Today marks the fourth day of the U.S. federal government shutdown, following a stalemate in Congress over the Affordable Care Act. Interstate pipelines are required to file for regulatory permitting with multiple government agencies, such as the U.S. Department of Transportation (DOT) and the Federal Energy Regulatory Commission (FERC). These permitting procedures are notoriously lengthy and can hold up a project for months or years.

Other companies featured: TransCanada Corporation (NYSE:TRP), The Williams Companies Incorporated (NYSE:WMB)


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