A Daily news digest by Jasper van Santen

Drilling Property Mortgages May Get Closer Look From Agriculture Dept. – NYTimes.com

In News on March 21, 2012 at 11:23

Drilling Property Mortgages May Get Closer Look From Agriculture Dept.

“The proposal by the Agriculture Department, which has signaled its intention in e-mails to Congress and landowners, reflects a growing concern that lending to owners of properties with drilling leases might violate the National Environmental Policy Act, known as NEPA, which requires environmental reviews before federal money is spent. Because that law covers all federal agencies, the department’s move raises questions about litigation risks for other agencies, legal experts said.”

 

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