ROANOKE, Va. (AP) — A land swap with the federal government could allow a developer to install a natural gas pipeline that crosses the Appalachian Trail.
The Roanoke Times reports details of the deal were disclosed Monday in a U.S. Securities and Exchange Commission filing. The U.S. Department of the Interior could allow the Mountain Valley Pipeline to cross the Appalachian Trail in exchange for property that Mountain Valley owns next to the Jefferson National Forest.
The developer plans to cross the trail at the top of Peters Mountain, near the Virginia-West Virginia line. The pipeline is expected to be more than 300 miles (483 kilometers) long.
Several federal agencies would have to approve the land swap. The move would push the project's completion to next year, and increase the cost to $5 billion.
___
Information from: The Roanoke Times, http://www.roanoke.com
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
