New Strategy for Pipe Cos. – Buy Existing Pipes Rather than Build

U.S. pipeline companies are under no illusion of just how bad the next four years will be for their business, at least for building new pipelines. We told you last week that Williams CEO Alan Armstrong predicted there will be no new greenfield pipelines built during the Biden administration (see Williams CEO Alan Armstrong Says Biden Era Means No New Pipelines). Kinder Morgan (KM) is now chiming in with the same sentiment. So what IS the way forward for these big companies, if they want to continue growing? Answer…

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