The recent expansion of oil and natural gas exploration and production activities in previously unprofitable areas has brought increased attention to issues surrounding compliance with state unclaimed property laws.
Seismic information about potential oil and gas reservoirs and other sensitive data are regularly used by energy companies to make business decisions and compete in the market.
A recent string of oil train derailments has renewed focus on rail safety and boosted support for oil pipelines as a safer mode of transportation, potentially affecting the public’s perception of pipeline projects such as the Keystone XL pipeline, whose southern leg went into service on January 22, 2014 and whose northern leg was the subject of a relatively objective final supplemental Environmental Impact Statement from the Department of State, issued on January 31, 2014.
Ken Salazar, President Obama’s former Secretary of the Interior, today added his support with conditions to the construction of the proposed, $7 billion Keystone XL Pipeline.
The State Department recently released the Final Environmental Impact Statement (FEIS) for the Keystone XL Pipeline. As a final installment to the project’s review under the National Environmental Policy Act (NEPA), the FEIS assesses the potential impacts associated with the proposed pipeline and its alternatives.