I have established a reputation as a bit of a contrarian in certain areas of the energy market. I have been tough on pipeline companies in particular. Pipelines have attributes that simply can’t be mitigated. Among them the fact, that they must cross long distances to deliver their products, and pass native populations that are against their construction for reasons of their own. They are also hostage to the political whims of local, state, and federal leaders who typically rail against them being built. That adds up to a negative impact that has restrained shares of pipeline operators, even as the general energy market has rallied this quarter. For example, in my last OilPrice article , I called into question whether Energy Transfer, (NYSE: ET) was a colossus ready to cast off its chains and revert to its glory days? Or did it have farther to fall as a […]