Manchin Energy-Permit Plan Left Out of Defense Bill Amid Revolt
- Stalled Manchin proposal would fast-track energy projects
- Senate GOP leader accuses Democrats of holding bill ‘hostage’
Mitch McConnell
Photographer: Al Drago/BloombergThis article is for subscribers only.
A bid by Democratic leaders to add a plan by Senator Joe Manchin to fast-track energy projects to a must-pass defense bill failed amid a revolt by progressive Democrats and pushback from Republicans.
Manchin’s proposal, which would have sped approval of a stalled $6.6 billion natural gas pipeline by Equitrans Midstream Corp. in his home state of West Virginia, among other energy projects, failed to make it into the National Defense Authorization Act released Tuesday and slated for a US House vote later this week. Shares of Equitrans plunged as much as 8.6% Wednesday.