Burnaby Mountain protesters hit with Kinder Morgan lawsuit – Burnaby NewsLeader
November 7, 2014
Burnaby Mountain protesters hit with Kinder Morgan lawsuit – Burnaby NewsLeader.
A blog about energy and the environment.
Kinder Morgan’s Big Bet on Drilling Boom – NYTimes.com
December 16, 2011
Kinder Morgan’s Big Bet on Drilling Boom – NYTimes.com.
Kinder’s Major Bet on a Boom in Fracking
Jim Wilson/The New York Times
The Bakken Shale formation in North Dakota, one of several shale fields whose growth could help an expanded Kinder Morgan.
By CLIFFORD KRAUSS
Published: December 15, 2011
HOUSTON — The oil and gas business is full of gamblers who drill deep and often, praying for gushers but frequently ending up with dry holes.
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Times Topic: Kinder Morgan Inc.
Kinder Morgan
Kinder Morgan’s Rockies Express pipeline runs 1,679 miles from Colorado to Eastern Ohio. and can transport 1.8 billion cubic feet a day.
Then there is Richard D. Kinder, chief executive of Kinder Morgan, who has personally made billions of dollars operating the industry’s equivalent of a toll road: pipelines.
Now, with Kinder Morgan’s $21 billion deal to buy a leading rival, the El Paso Corporation, he is doubling down.
Hydraulic fracturing techniques — despite causing a growing controversy — are creating a once-in-a-generation boom in oil and gas drilling in the United States, and the opportunity to build many more pipelines to carry new supplies to market.
Public concerns about the environmental risks posed by hydraulic fracturing, or fracking, raise the possibility of tough new restrictions, higher costs and even outright bans on new wells in some areas. But companies like Kinder Morgan and its competitors think the need for new energy sources means pipelines are a relatively low-risk way to play the boom.
If they are right, Kinder Morgan will collect new tolls for decades, along with the ones it is already pocketing.
GDACC 
