The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state’s objections. The 5-4 ruling, penned by Chief Justice John Roberts, handed a victory to PennEast Pipeline Company, a joint venture seeking to build the 116-mile (187-km) pipeline from Pennsylvania to New Jersey. Click here to read the full article on CNBC.
