Oil and gas pipeline deals hot

July 9, 2006 Filed Under: Mining Services, Oil and Gas  

A spate of oil and gas pipeline deals has boosted mergers and acquisitions for the industry by nearly 30 percent this year, but soaring prices are turning off many potential buyers. Demand has driven up valuations for the limited supply of properties for sale, and many pipelines have become too expensive for the tax-free master limited partnerships that now dominate the field, bankers say. Recent deals...