Biden, McCarthy debt deal would speed up Mountain Valley gas pipeline

U.S. energy company Equitrans Midstream Corp’s (ETRN.N) long-delayed $6.6 billion Mountain Valley natural gas pipeline could win federal approval as part of Washington’s debt limit deal.

  • The pipeline’s approval has been delayed amid negative court rulings and has been opposed by environmental groups.
  • The budget bill expedites the pipeline’s federal permits and limits judicial review.

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