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Technology Stocks : KMI- a fallen high dividend yielder - for how long?
KMI 26.08-0.3%Oct 28 3:59 PM EDT
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From: Jon Koplik10/21/2025 5:56:46 PM
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OGJ / Phillips 66, Kinder Morgan propose refined products pipeline to US West Coast .......................

ogj.com[pull]=omeda|4092A6474178D7Y&utm_campaign=CPS251021097&utm_medium=email&utm_source=OGJ+Daily

Oil & Gas Journal

Oct. 21, 2025

excerpts :

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The Western Gateway Pipeline would connect Midwest refinery supply to Phoenix and California, with connectivity to Las Vegas, Nevada

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If the pipeline is advanced and completed by 2029, as the companies initially plan, it could be the first pipeline system to deliver motor fuels into California, Bloomberg reported Oct. 20.

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Phillips 66 and Kinder Morgan, citing the US Energy Information Administration, noted in the project open season release that California "is on track to lose ~ 17 - 20% of its refining capacity by mid-2026." Further, the companies said, "Arizona and Nevada depend heavily on California barrels, and the existing pipelines into Arizona run near capacity, leaving little backup space during outages."

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