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Stock impact report

Williams Companies gets clean water permits for Northeast Supply Enhancement Pipeline [FOX Business Network]

Williams Companies, Inc. (The) (WMB) 
Last williams companies, inc. (the) earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.williams.com
Williams Companies announced Monday they have been granted the clean water permits they need for their Northeast Supply Enhancement Pipeline Project. After three rejections, New York and New Jersey finally granted permission for the $1 billion underwater pipeline that will expand the delivery of natural gas from Pennsylvania to the New York City area, adding enough capacity to power over 2 million homes. CEO Chad Zamarin told "The Claman Countdown" he gives credit to the team who did not give up on the proposal. "There is a huge energy affordability reality that I think is coming home to roost and at the end of the day in Pennsylvania, you mentioned where we're going to source the gas," he told FOX Business anchor Liz Claman. "We can produce natural gas for the cost equivalent of 50 cents per gallon of gasoline. Natural gas production in the United States is our energy affordability and reliability superpower." While the pipeline has been met with some criticism from New York Show less Read more
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