President Donald Trump has urged the leadership in New York state to approve a proposed natural gas pipeline that he claimed will save residents thousands of dollars per year on energy costs.
"If New York, Connecticut, and New England had their Pipelines, savings from Heating alone would go down $2,300 per family — When you add Air Conditioning, and other things, you would have a $5,000 savings per family. All we need is a simple approval from New York. Every other State in New England, plus Connecticut, wants this, in order to help the Environment, and save BIG money," Trump posted on Truth Social on Thursday.
Despite Trump's belief that the pipeline will reduce energy costs in the Northeast by 70%, the company tasked with the construction isn't willing to move on anything until the governors of the local states sign off.
"We're not gonna go putting our neck out until they invite us with the red carpet rolled out," Williams CEO Alan Armstrong told Barron's. "We're not going to until the governors up there, collectively, including [New York Gov. Kathy] Hochul, say they're going to come right out and be supportive of getting the infrastructure built. That they're going to eliminate natural gas bans in their markets. Until that stuff happens we're not going to put capital at risk into those markets."
Trump has indicated he's willing to use federal authorities to get the pipeline moving, despite hesitancy from Armstrong. The proposed Constitution pipeline would run from Pennsylvania to Albany, New York, and from there be transferred to other locations throughout the Northeast.
Armstrong noted that the high cost of energy in New York is keeping many tech companies from considering the state as a location for data centers and other high electricity users.
"We only need the final approval from New York State, whose people all want it. Otherwise, we'll have to use other authorities. New York State has held up this project for many years, but we won't let that happen any longer. We will use federal approval!" Trump wrote.
Later on Wednesday it was reported that Trump was scheduled to meet with Hochul on Thursday to discuss the proposed pipeline and other topics.
James Morley III ✉
James Morley III is a writer with more than two decades of experience in entertainment, travel, technology, and science and nature.
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