Natural gas isn’t PC, but it’s the future
On its face, the recent announcement that Kinder Morgan would acquire El Paso Energy was just another big energy merger . The combination will be America’s fourth-largest energy firm, and largest operator of gas pipelines - over 65,000 miles worth. But every deal has a story behind it. As Kinder Morgan’s share price soars, the markets are sending a message about our economy, our energy future, and the power of innovation. But it’s not the one you’ve been hearing for the last decade - at least not from politicians and the politically correct.