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The Daley Note 1/21/2021

The Daley Note 1/21/2021

  • Out with the KXL, in with the New: Newly inaugurated President Joe Biden made good on his promise to effectively kill TC Energy’s (TRP) Keystone XL Pipeline on his first afternoon in office today, one of several environmental actions that point to more climate scrutiny ahead for midstream projects. (TRP)
  • GoM Volume Recovery on Tap for WMB: Volumes on Williams’ (WMB) gathering and processing (G&P) assets in the Gulf of Mexico (GoM) are recovering to pre-Covid levels so far in 1Q21 after facing significant disruptions from weather and price-related curtailments during 2020. (WMB), (G&P)
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