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Kinder Morgan Upbeat Despite Low Natural Gas Prices

Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Natural gas prices have been suppressed for much of the year, led by bearish economic conditions. Volatility is high as well, given inclement weather and other disruptions. But Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas) says the market for natural gas looks promising, supported in part by U.S. exports. Among its milestones so far this year, the company noted that construction began on an expansion to a system that would deliver gas from the Eagle Ford basin into a broader intrastate network.

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