Pipeline safety rules correct a typo, making it cheaper to build new gas lines

US pipeline safety regulators corrected a proposed rule about how much new gas pipeline construction costs before companies must notify the government. The correction lowers the cost threshold, meaning companies will have to report fewer projects. This makes it easier and cheaper for companies to build smaller gas pipelines without as much oversight.

The government sets monetary thresholds for when pipeline companies must report new construction. These thresholds determine how much regulatory burden a company faces. A higher threshold means fewer projects need reporting, which saves companies time and money. This correction makes it cheaper to build certain gas pipeline facilities, especially smaller ones, by reducing the administrative steps involved. It also means the public will have less visibility into these projects.