President Donald Trump signed executive orders Wednesday targeting a key point of friction for natural gas pipeline development, particularly in the Northeast, but details of changes will be left for the Environmental Protection Agency to sort out.
The first broad order addresses state water quality reviews, and combines other smaller steps, including a call for revamped LNG safety regulations. A second order seeks to shorten reviews of crossborder oil pipeline permits like the one needed by TransCanada to build the 830,000 b/d Keystone XL heavy oil pipeline….
An excerpt from S&P Global