Kinder Morgan and EagleClaw announce FID for Permian Highway pipeline project
Kinder Morgan (ticker: KMI) and privately held EagleClaw Midstream have announced a Final Investment Decision on the Permian Highway pipeline (PHP) today, as oil and gas producers and midstream companies continue to react to the massive production growth coming out of the Permian basin.

The PHP will provide relief for producers in the Permian, transporting 2 Bcf/day from the basin to Katy, Texas. The 42-inch line is expected to stretch 430 miles and cost $2 billio...

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