$1B NJ Pipeline Proposal Shores Up Support From Unions

Law360, New York (October 7, 2015, 7:42 PM EDT) -- The proposal for an estimated $1 billion pipeline that would carry Bakken Shale oil though New Jersey and New York has shored up support from a coalition of unions and business groups, tempering the largely critical reception the plan has drawn so far.

The Coalition to Support Pilgrim Pipeline said pipelines “significantly” limit the oil spill risk compared to other modes of transportation, is kinder to the environment than trucks or barges and provides “a more reliable source of critical fuel products for Northeast U.S. consumers...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.