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Supreme Court Decision Imminent in Eminent Domain Pipeline Case

Supreme Court Decision Imminent in Eminent Domain Pipeline Case

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Industry Segment: Pipelines | Word Count: 527 Words

SUGAR LAND--June 7, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Supreme Court could decide this month on a case that pits the powers of eminent domain against the sovereign immunity of states. More down to earth, the matter involves the future of the PennEast Pipeline project, which would move natural gas 116 miles from northeast Pennsylvania to western New Jersey.

Companies featured: UGI Corporation (NYSE:UGI), Southern Company (NYSE:SO), Enbridge Incorporated (NYSE:ENB)

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