Beverly Hills 12/12/2009 12:59:37 AM
News / Business

Wyoming Officials Approve $300 Million State Investment in Pipeline

Finance World News Update by EQUITIES Magazine

Yesterday, Wyoming’s top statewide elected officials gave the Treasurer’s Office authority to negotiate a $300-million state investment in a proposed natural gas pipeline.

 

The pipeline, which would cut across several states, is being developed by El Paso Corp. to carry natural gas from the Opal Hub in western Wyoming to Mail, Oregon. Dubbed the Ruby Pipeline, the 42-inch line would run 675 miles, crossing Utah and Nevada.

 

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Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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