Dominion Resources and other partners are proposing a five billion dollar, 550 mile Atlantic Coast Pipeline to connect the Southeast with the rapidly-growing supply of natural gas being produced in Pennsylvania, Ohio and West Virginia. The 42 inch wide pipeline in Virginia would go through ten counties South and West of Richmond from West Virginia to North Carolina and initially carry about 1.5 billion cubic feet per day.
Governor McCauliffe says it would have a 1.4 billion dollar economic impact in Virginia, create 8,800 jobs and produce almost 15 million in revenue for the state. Dominion would own about 45% of the joint venture with Duke Energy, Piedmont Natual Gas, and AGL resources, to build the pipeline with a target in-service date of late 2018.
Some environmentalists are concerned, including groups in Nelson County, but Buckingham and Prince Edward have already passed resolutions of support. Dominion plans to make a pre-filing request with the Federal Energy Regulatory Commission this fall but it would also be subject to state and local requirements.
The production of shale gas has rejuvenated the industry in this country, which already heats half of Ameica’s homes. Governor McCauliffe calls the pipeline project, “A game changer.”