The Perfect Couple: ONEOK, MPLX Partner on Downstream NGL Projects
ONEOK (OKE) and MPLX (MPLX) have partnered to build out the downstream component of their NGL value chain. The arrangement…
The Daley Note
AI Boom Comes to Texas, Sparking Natural Gas Demand Surge
New natural gas demand is coming into focus to feed AI and data centers, and the Permian Basin looks to…
Sayonara, Surplus. Cold Wipes Out Gas Market Cushion
Cold weather in January has wiped out the storage surplus and pushed natural gas prices higher in 2025. The latest…
Outrigger Deal Moves KMI Closer to Filling Double H
Kinder Morgan could make good progress filling its converted Double H Pipeline following the acquisition of Outrigger Energy.
Hess Takes the Over on Bakken Growth
East Daley forecasts Bakken rich gas to grow at a 2% CAGR from 2024 to ’26, and Hess Midstream (HESM)…
Executive Order Could Break Oil Terminal Logjam
President Trump signed an executive order intended to boost US energy production that could be just the ticket to break…
KMI Reports: What to Watch in 4Q Earnings
Kinder Morgan reported 4Q24 results and gave midstream investors the first data points of the earnings season. There were a…
Who’s the Next Ethane Customer? INEOS a Likely Target
Global petrochemicals plan to source more abundant US ethane, and East Daley suspects INEOS is on the short list.
Plaquemines LNG Start Lifts KMI, Enbridge Pipes
Startup of Plaquemines LNG is boosting flows on Kinder Morgan and Enbridge gas pipelines, passing 1.3 Bcf/d last week from…
KMI’s Trident Project Pops a Texas Gas Bubble
Kinder Morgan (KMI) is moving forward with the $1.7B Trident Intrastate Pipeline to connect Permian gas to LNG export demand…