Energy Sec. Wright on the Proposed Natural Gas Pipelines in New York: ‘It’s Quite Likely These Pipelines Will Be Under Construction Before This Year Is Over’

TRANSCRIPT:

WRIGHT: "Oh, I think it’s highly likely that this pipeline — there’s a couple of them, actually — get done. It’s just such a win-win-win. You know, this will lower cost for people in the New York area, for New England — not just heating costs, which is a big deal. Old houses are heated by fuel oil. Natural gas is just so much cheaper and it burns cleaner. But it'll also lower electricity prices, which, of course, everyone would cheer for that, as well, and allow businesses in New England or in New York City area to expand and grow their businesses and grow more jobs. So it’s like no one loses by this. But silly politics of several years ago stopped these in the first go round, but I think it’s quite likely these pipeline will be under construction before this year’s over."