Bond yields hover around 3% against 2.7% inflation. Real returns after taxes remain minimal. Midstream partnerships yield 6-9% from volume-based pipeline fees that ignore commodity price fluctuations.

On a year-over-year basis, 92.7% of the Alerian Midstream Energy Index (AMNA) by weighting have grown their dividends.

With the federal government now reopened after a six-week shutdown, we’re witnessing some remarkably positive economic developments. The annual inflation rate has dropped to 2.7 percent, while the ...