If Bernhardt gets the top job at the Interior Department, the oil boys don’t have to spend any money lobbying at all. They just pick up the phone and tell him to open up public lands for drilling. Big Oil will be laughing all the way to the bank..
A new briefing for Dominion Energy investors by Oil Change International & Friends of the Earth U.S. breaks down some of the major challenges to the completion of the Atlantic Coast Pipeline, which faces significant financial, legal, and regulatory hurdles.
The ACP is facing a triple threat of challenges that combine to present serious obstacles for the project to reach completion, which are are likely to further delay construction and raise the project’s price tag even higher. It would be prudent for investors to question whether pursuing the project further is a wise use of capital.