Richard Kinder CEO Says Oil Prices Higher In 2015 $KMI $UWTI $DWTI $XOM $EOG

Kinder Morgan CEO discusses crude oil prices with CNBC’s Brian Sullivan.


Originally Aired: April 22, 2015
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About Richard Kinder:

Billionaire Richard Kinder is CEO and Chairman of oil and gas pipeline firm Kinder Morgan. He cofounded in 1997 after stepping down as president of Enron. Now the largest U.S. pipeline company, Kinder Morgan consolidated its oil-and-gas holdings in 2014 in a $70 billion deal, acquiring El Paso Pipeline Partners, Kinder Morgan Energy Partners and Kinder Morgan Management. It was the second-largest energy transaction in history, behind the 1999 Exxon-Mobil merger. The company owns at least part of 180 storage terminals for petroleum products and chemicals and 80,000 miles of pipelines, the equivalent of more than three times the circumference of the earth. A former Army captain, his Kinder Foundation funds education, art and quality of life initiatives in Houston.



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