A Canadian energy company has proposed expanding a major natural gas pipeline in New England to increase gas capacity in the region amid soaring energy costs.The Trump administration has been actively pushing for the expansion of oil and gas pipeline projects as part of its efforts to boost fossil fuel energy. The administration has moved forward with pipeline projects such as the “Keystone Light” and the Northeast Supply Enhancement Project.It comes as the war in Iran has driven electricity and energy prices up, outpacing inflation. The Bureau of Labor Statistics earlier this month in its Consumer Price Index revealed that inflation rose to 3.8% for the year ending in April, while energy prices increased by 17.9% for the year.
Enbridge, a Canada-based energy company, proposed its plan this week to expand the Algonquin Gas Transmission system. The project dubbed “Project Beacon” would expand the pipeline that runs more than 1,000 miles, transporting natural gas from New Jersey through New York, Connecticut, Rhode Island, and Massachusetts.
“Project Beacon would help meet growing energy demand by easing longstanding pipeline bottlenecks that have contributed to higher energy costs for consumers. By improving access to abundant domestic energy supplies, the project aims to reduce price spikes and strengthen the region’s energy system,” Enbridge spokesman Max Bergeron told the Washington Examiner in an email.
