To see what others are saying about the state's decision, visit www.constitutionpipeline.com.Denial of the 401 Water Quality Certification by NYSDEC further delays the potential for Constitution Pipeline to help facilitate local natural gas service to homes and businesses in Southern New York by Leatherstocking Gas Company, LLC. The permit denial will also delay about 2,400 direct and indirect jobs that would be created during pipeline construction, generating $130 million in labor income for the region. The decision could also cost local governments approximately $13 million in annual property tax revenue. The Federal Energy Regulatory Commission on Dec. 2, 2014 issued its certificate of public convenience and necessity for the Constitution Pipeline. In its final environmental review of the proposed Constitution Pipeline, FERC concluded that environmental impacts would be reduced to "less than significant levels" with the implementation of proposed mitigation measures by the company and recommendations by FERC. Constitution Pipeline Company Constitution Pipeline Company, LLC is owned by subsidiaries of Williams Partners L.P. (NYSE:WPZ), Cabot Oil & Gas Corporation (NYSE:COG), Piedmont Natural Gas Company, Inc. (NYSE:PNY), and WGL Holdings, Inc. (NYSE:WGL). The 125-mile pipeline project is proposed to connect domestic natural gas production in northeastern Pennsylvania with northeastern markets during the second half of 2017. Additional information about the Constitution Pipeline can be found at www.constitutionpipeline.com. Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission.