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Property Values with an Oil Pipeline
Jun 1, 2016
Conversation for Resposible Economic Development (CRED) is seeking to better understand the risks of an oil spill as part of an ongoing dialogue about the economic future of the region. Cred looked at eight different spills from 1991-2012 in Maryland, Texas, Michigan, Ohio, the Gulf of Mexico, and in Canada. The loss in property value ranged from 4.6% to 25%.
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Where are the best places to invest for future growth and prosperity? How can we safeguard our quality of life and support industries that will ensure long-term responsible development which benefits everyone?"