Collin Eaton of The Wall Street Journal reports on a $14 billion deal that would see pipeline operator Oneok buying Magellan Midstream Partners.
- Magellan owns over 10,000 miles of pipelines that carry refined products such as gasoline around the country.
- Oneok says that this purchase will allow the company to invest in emerging technologies such as hydrogen.
- Private sector leadership is key to accelerating a market-led shift to cleaner energy sources.
Read the full article here.