Trump Wants Pipelines, But Midstream Firms Aren’t Biting

U.S. midstream companies are hesitant to commit to new pipeline builds amid market volatility and tariff uncertainty. Some companies are announcing new projects, especially those bringing natural gas to power data centers, but the industry is generally in a wait-and-see mode regarding greenfield projects despite the Trump Administration’s regulatory push to accelerate energy infrastructure expansion.

Firms have announced in recent months new pipeline projects, but many others have preferred to buy operating assets in deals with competitors…