CLAIM: The Wimberly Valley Watershed Association claimed that Kinder Morgan’s Permian Highway Pipeline would negatively impact property values in the region. “Property values will be severely diminished and the opportunities for growth and development in the region will be diminished,” the group said in a petition opposing the pipeline.
The claim is both unsubstantiated and refuted by numerous studies examining the relationship between pipelines and property values.
Questions regarding potential impacts to property values are often raised during the development of oil and natural gas pipeline projects. While these concerns are understandable, they are largely unsupported …