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Constitution Pipeline Could Generate Up to $11.6 Billion in Total Savings by Lowering Natural Gas Prices in 'Energy Tight' US Northeast, S&P Global Analysis Finds
Construction of the proposed Constitution natural gas pipeline could provide significant price relief and other economic benefits for the U.S. Northeast region, generating up to $11.6 billion in energy savings for consumers and supporting nearly 2,000 jobs annually over a 15-year period, according to a new analysis by S&P Global.
About this update from S&p Global Inc.
[{"type":"text","content":"Savings could stimulate up to $4.4 billion in additional gross state product throughout the region while supporting nearly 2,000 jobs annually","length":142,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, Nov. 4, 2025 /PRNewswire/ -- Construction of the proposed Constitution natural gas pipeline could provide significant price relief and other economic benefits for the U.S. Northeast region, generating up to $11.6 billion in energy savings for consumers and supporting nearly 2,000 jobs annually over a 15-year period, according to a new analysis by S&P Global.","length":374,"tagName":"p"},{"type":"image","alt":"S&P Global logo (PRNewsfoto/S&P Global)","displaySize":"","headline":null,"caption":"S&P Global logo (PRNewsfoto/S&P Global)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":155,"url":"https://media.zenfs.com/en/prnewswire.com/2693557d3e916a51304f1b09148d8b3b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/uWzSarsplZEImSJ1jpmO6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/2693557d3e916a51304f1b09148d8b3b","width":400,"height":155}},"href":"https://mma.prnewswire.com/media/1918685/SandP_Global_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Energy savings from the pipeline could also stimulate up to $4.4 billion in additional gross state product (GSP) across Connecticut, Massachusetts, New York and Rhode Island and could generate $432 million in federal and state tax revenues, the analysis finds.","length":260,"tagName":"p"},{"type":"text","content":"The new report, leveraging the combined expertise of the S&P Global Commodity Insights and Market Intelligence divisions, finds that the proposed 135-mile pipeline could alleviate persistent pipeline constraints in a region where—despite its proximity to low-cost, abundant gas reserves in the Appalachia basin—winter gas prices are nearly three times the national average.","length":377,"tagName":"p"},{"type":"text","content":"In addition to mitigating price spikes, the new pipeline could reduce local gas prices by up to 6% during peak demand months even in average weather years, providing consistent end-user savings throughout the life of the project, the analysis finds.","length":249,"tagName":"p"},{"type":"text","content":""...