Kinder Morgan (NYSE:KMI) says it is halting work on the $1B Palmetto Pipeline in Georgia, citing the state legislature's passage of a one-year moratorium on the use of eminent domain in pipeline construction.
The moratorium was in response to stiff opposition from environmental groups and landowners whose property KMI hoped to build upon using eminent domain laws; it provides time for a study commission of elected officials and industry experts to review the eminent domain issue and make recommendations.
The proposed pipeline would have carried gasoline, diesel and ethanol across 360 miles from South Carolina through Georgia and into Florida.
Start writing those letters to your state legislator and include this clip. Let them know you want them to place a moratorium here as well .. forever. " Live Free or Die" is more than just a motto.