The Trump Administration's US energy independence policy is driving an increase in domestic oil and gas production due to rising electric power demands, notably from AI and data centers. As wind and solar power face reliability issues, the petroleum sector sees more investment. Midstream companies serve a crucial logistics role, similar to Amazon, by packaging and distributing oil and gas. Registered as Master Limited Partnerships, these companies must remit 90% of taxable income to their unitholders, which affects how profits are taxed and reported on tax documents.
Midstream companies are the oil and gas industry equivalent to logistics companies like Amazon Prime Delivery, since they package, warehouse, sort, and then distribute to various hubs.
Registered as Master Limited Partnerships and Limited Partnerships, midstream companies are required to remit 90% of taxable income to unitholders, reflecting a unique taxation approach.
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