You Wouldn't Believe the Size of Kinder Morgan, Inc.'s Natural Gas Pipeline
Kinder Morgan (NYSE: KMI) is one of the biggest energy infrastructure companies in North America. In fact, it's the largest independent transporter of petroleum products and carbon dioxide, the top independent terminal operator, and it operates the largest natural gas pipeline network on the continent. That gas system is vital to both the company -- since it's where it makes most of its money -- and the continent, given its size and capacity. It's an incredible system that's a crucial fuel for the company's dividend.
Kinder Morgan owns or operates roughly 70,000 miles of natural gas pipeline across North America, which for perspective is enough pipe that if laid end-to-end would circle the world not once, or twice but nearly three times. That said, the bulk of these pipes run across the U.S., enabling Kinder Morgan to transport about 38% of the gas consumed in the country on a daily basis.
Image source: Kinder Morgan.
Source: Fool.com
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