A Houston-based midstream energy company will go forward with its $1.7 billion natural gas pipeline that will be located right in the city's backyard. Kinder Morgan announced that the 216-mile Trident Intrastate Pipeline will be built in Katy and bring 1.

Kinder Morgan's (NYSE: KMI) dry spell has come to an end. The natural gas pipeline company had struggled to grow in recent years because of headwinds from expiring contracts. However, those headwinds have given way to new growth tailwinds.

Kinder Morgan , Inc. (NYSE:KMI), a leading North American energy infrastructure company with a market capitalization of $67.7 billion, finds itself at a crossroads as it navigates through a complex landscape of commodity price fluctuations and long-term growth opportunities.