New Jersey is facing a looming crisis and may not be able to supply families and local businesses with enough energy. And, while many were encouraged about the recent Supreme Court decision that has allowed the urgently needed Penn East Pipeline to move forward in this state, celebration may be premature.
A recent Bank of America report illustrates the uncertainty that still remains about the pipeline and the need for a new path forward. The report underscores that the regulatory process ahead could create even more challenges now than when the application originally was filed – not the least of which is the new political make-up of the commission overseeing that process.
