KMR Distribution Increased to $0.83 per Unit

Kinder Morgan Management (KMR) keeps rolling along with an increase of the distribution from $0.81 to $.083 for the fourth quarter of 2006. KMR is a great way to invest in a Master Limited Partnership without having any of the tax problems that MLP's often present.

Kinder Morgan Energy Partners Announce Earnings

MLP Kinder Morgan Energy Partners announced earnings today. The quarterly distribution remained unchanged at $0.81 per share.

KMP Increases Quarterly Distribution

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced an increase in its quarterly cash distribution per common unit to $0.81 ($3.24 annualized) from $0.80 per unit. Payable on May 15, 2006, to unitholders of record as of April 28, 2006, the distribution represents a 7 percent increase over the first quarter 2005 cash distribution per unit of $0.76 ($3.04 annualized).

KMI to Expand Midwest Pipeline

Kinder Morgan Inc. announced an agreement that will result in the construction of a $13 million natural gas line that will serve the Chicago, Illinois market. The pipeline will run from Beecher, Illinois to Chicago city limits near Burnham, Illinois. The line should begin service in late 2007.

KMP Acquires Permian Basin Assets

The Kinder Morgan CO2 Company has purchased various properties located primarily in the Permian Basin of West Texas.

The Kinder Morgan CO2 Company is the largest transporter and marketer of carbon dioxide in the United States. It owns the most extensive CO2 pipeline network in the industry, with over 1300 miles of pipelines. This transaction should be immediately accretive to cash available to KMP unitholders.

The Permian Basin is a sedimentary basin largely contained in the western part of Texas. The basin reaches from just south of Lubbock, Texas, to just south of Midland and Odessa, extending westward into the southeastern part of the adjacent state of New Mexico. It is so named because it has one of the thickest deposits of rocks from the Permian geologic period in the world. The greater Permian Basin comprises several component basins: of these, Midland Basin is the largest, Delaware Basin is the second largest, and Marfa Basin is the smallest. The Permian Basin extends beneath an area approximately 250 miles wide and 300 miles long.

New Pipeline Planned

XTO and MLP Energy Transfer Partners plan to team up to build a 42 inch natural gas pipeline in Texas.

Natural Resource Partners

Here's an article about Natural Resource Partners, a coal mining MLP.

Pipeline Reopened

The Kinder Morgan pipeline that ruptured recently, killing 5 people, has been reopened.

Update on Kinder Morgan Lawsuit

More news from Colorado as Kinder Morgan refutes lawsuit allegations. There still doesn't seem to be a lot of hard information available, and both sides seem to be spewing a lot of rhetoric so far.