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Stock impact report

Pennsylvania halts ETP Sunoco Mariner East pipeline again [Reuters]

Range Resources Corporation (RRC) 
Last range resources corporation earnings: 4/30 05:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.rangeresources.com
Company Research Source: Reuters
Pennsylvania halts ETP Sunoco Mariner East pipeline again | Reuters Reuters Staff 3 Min Read (Reuters) - * An administrative law judge for the Pennsylvania Public Utility Commission (PUC) granted a request to stop construction on Energy Transfer Partner LP’s (ETP) Mariner East 2 and 2X pipelines and halt flows on the existing Mariner East 1 natural gas liquids pipe. * Katie Bays, an energy analyst at Height Securities in Washington, said in a note on Friday that “there’s a chance the PUC reverses the ALJ order and allows service on Mariner East 1 to resume” at any time following ETP’s appeal. ALJ is an abbreviation for “administrative law judge.” * The judge’s order, issued on May 21 but not made public until Thursday, applies only to West Whiteland Township, where a sinkhole discovered earlier this year led the PUC to halt service on Mariner East 1 from March 7-May 3. * The judge granted the request to halt work and flows on the pipelines so additional studies can be conducted on the Show less Read more
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