FacebookTwitterLinkedInEmailPrint分享By Duncan Adams for the Roanoke Times:One partner in the controversial Mountain Valley Pipeline project informed investors that “competition for pipeline infrastructure within the Appalachian Basin is intense” and warned that lack of access to such infrastructure could drag down company earnings.EQT Corp.’s annual report, filed Feb. 11, said investments in affiliate EQT Midstream, one partner in the 301-mile Mountain Valley interstate pipeline, should help yield the infrastructure desired.Yet a study by a Cleveland-based think tank that promotes renewable energy contends that natural gas pipelines out of the Marcellus and Utica shale formations in the Appalachian Basin are being overbuilt.David Messersmith, an educator with Penn State Extension’s Marcellus Education Team, said he believes the truth resides somewhere in the middle.“There is clearly a need for additional pipeline infrastructure, although perhaps not as much as is currently proposed,” he said. “This is a market-driven process, and we are perhaps beginning to see the market correct itself regarding pipeline capacity.”He cited a recent decision by Kinder Morgan and subsidiary Tennessee Gas Pipeline to suspend the Northeast Energy Direct interstate natural gas pipeline project. A statement from Kinder Morgan said it decided to suspend the 420-mile, $3 billion project because not enough customers had signed on to ship gas through the pipeline.“It wouldn’t surprise me to see additional projects in the Marcellus-Utica basin canceled or put on hold,” Messersmith said.The study suggesting that pipelines are being overbuilt was published by the Institute for Energy Economics and Financial Analysis at the request of Appalachian Mountain Advocates and Appalachian Voices, two nonprofit organizations opposed to both the Mountain Valley Pipeline and the separate Atlantic Coast Pipeline.Full article: http://www.roanoke.com/business/news/debate-over-overbuilding-raises-questions-about-pipeline-projects/article_8f5c9cec-447f-521e-b580-c9869e746723.html Will Pipeline Market Correct Itself to Address Overbuilding?
OSTRAVA, Czech Republic – Andy Roddick beat Tomas Berdych 4-6, 6-3, 6-2, 7-6 (4) Sunday to give the United States a victory over the Czech Republic and a place in the Davis Cup quarterfinals. The United States won the series 4-1 and will next play Spain on hard courts in Winston-Salem, N.C. It will be a rematch of the 2004 final in Seville, where the Spanish hosts beat the Americans on clay. Roddick is 8-0 in decisive Davis Cup matches. With an overpowering serve and solid baseline game on the slow clay court, the fourth-ranked American overcame a partisan crowd and one of the game’s rising stars. The Americans had not won a Davis Cup World Group series on clay in a decade. Berdych, ranked No. 12 and his country’s biggest star at 21, maintained the pressure, and Roddick was the first to crack. In the seventh game of the firstset, the Czech hit a couple of baseline winners and sealed the game with a subtle drop ball. It was all he needed to win the opener. “I played almost without mistakes in the first set. I got onechance and used it,” Berdych said. “But then I started making mistakes. and he improved his play.” Roddick then seized the initiative. He broke at the first opportunity in the second set and suddenly the Czech was making errors. Roddick started winning the longer rallies and evened the score at one set apiece. Roddick broke again in the first game of the third set. His growing confidence silenced the crowd as its home player increasingly lost his touch. In the fourth set, neither could figure out how to counter the other’s serve until the tiebreaker. At that point, Berdych showed his age and Roddick his experience. He drew the Czech into long, winning rallies, and when Berdych double-faulted it was not be long until Roddick was raising his fists in victory. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! “We saw today why Andy Roddick is the fourth best player in the world,” Czech coach Jaroslav Navratil said. In the concluding match, which had no bearing on the outcome, Camarillo’s Bob Bryan defeated Lukas Dlouhy 7-6 (5), 6-4. The United States leads all nations with 31 Davis Cup titles; but the Americans are looking to end their longest Davis Cup drought, which dates to 1995. “It is a statistic I don’t like,” the 24-year-old Roddick said. “Especially considering I have been on the team for my seventh year now.” Other World Group winners in the first round were Sweden (at Belarus), Germany (home against Croatia), Spain (at Switzerland), France (home against Romania), Argentina (at Austria), Belgium (home versus Australia) and defending champion Russia (at Chile).