August 2019 archive

Kinder Morgan and its pipeline issues

  Like most of the pipeline companies, Kinder Morgan (KMI) continues to fight legal and regulatory battles to build its pipelines. Recently, the company sued the city of Kyle, Texas, for passing an ordinance that hampers its Permian Highway Pipeline project. Previously, Travis Mitchell, the city’s mayor, and other opponents of the Permian Highway Pipeline sued Kinder …

Continue reading »

Southern Oklahoma wind farm operator reports 2Q increased earnings

ALLETE, Inc., the Minnesota energy company building its largest wind power site in southern Oklahoma reported this week second quarter 2019 earnings of 66 cents a share on net income of $34.2 million. The results were better than last year when the earnings were 61 cents a share on net income of $31.3 million. “We …

Continue reading »