Boosts From Trump Give Kelcy Warren Huge Pipeline Gain
- Energy Transfer Partners profit more than quadrupled in 2017
- Gains came largely from Dakota Access approval, tax overhaul
Kelcy Warren
Photographer: John L. Mone/AP Photo
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Kelcy Warren’s pipeline business had a massive profit last year, thanks largely to President Donald Trump.
Approval of the controversial Dakota Access pipeline and gains from the U.S. tax overhaul helped the billionaire’s Energy Transfer Partners LP more than quadruple net income to $2.5 billion last year, according to an earnings report Wednesday.