NOTE:
As reported in the Financial Data and News Summary of Last Week, published Saturday, US natural gas prices last week (April 15, 2022) closed up +96% year over year.: https://el2017.blogspot.com/2022/04/financial-data-and-news-summary-of-week.html
Ye Editor
"The U.S. Supreme Court on Monday rejected to review a case filed by a St. Louis-based natural gas company concerning a lower court’s decision that could shut down a pipeline that runs about 65 miles from Scott County, Illinois, to St. Louis, Missouri.
Spire STL Pipeline LLC and Spire Missouri Inc. filed an appeal to the Supreme Court last year after Chief Justice John Roberts rejected Spire’s stay request.
“The first is a petition to overturn the U.S. Court of Appeals decision to say Spire should have never been operating in the first place. The second filing is a request to grant Spire an with a Federal Energy Regulatory Commission (FERC) Certificate. The certificate gives Spire the ability to operate its pipeline fully,” KSDK reported.
Today, the SCOTUS rejected Spire Pipeline’s appeal without comment.
Bloomberg reported:
A lower court’s decision to toss the federal government’s approval of the already-built Spire STL Pipeline in Missouri won’t face U.S. Supreme Court review, the high court decided Monday.
Spire STL Pipeline LLC and Spire Missouri Inc. wanted the justices to intervene after the U.S. Court of Appeals for the D.C. Circuit vacated the Federal Energy Regulatory Commission’s original certificate order for the project. Households and businesses in the St. Louis area risked losing gas service as a result of the agency’s delay and the D.C. Circuit’s decision, the companies told the court Dec. 3.
FERC failed to justify its decision that there was a need for the project, the appeals court said. The agency also ignored evidence of self-dealing, according to the ruling.
The agency urged the high court to skip review after it approved the pipeline’s request for a temporary certificate to keep gas flowing during the remand proceedings.
The question in Spire’s petition “has no current practical significance” to its ability to operate the pipeline, the agency told the court in March. The agency received backing from the Environmental Defense Fund, which said the D.C. Circuit’s decision wouldn’t threaten natural gas supply. The evidence instead showed that keeping FERC’s orders in place would harm the public, according to EDF.
“While we are disappointed by today’s decision from the U.S. Supreme Court, the Spire STL Pipeline will continue to operate under the currently effective Temporary Certificate issued by the FERC on December 3, 2021,” said Scott Smith, president of the pipeline.
“We are confident that when people have an opportunity to review the proven benefits of the STL Pipeline, they will agree that there is a critical need to keep this infrastructure fully operational to ensure continued access to reliable, affordable energy for families and businesses in the greater St. Louis region,” Smith said."