Kinder Morgan Market Opportunity and Financial Overview slide image

Kinder Morgan Market Opportunity and Financial Overview

Energy is Essential to Human & Economic Development KINDER MORGAN The transition to a renewable-energy world will not be seamless and will require the ongoing use of hydrocarbons U.S. POPULATION, GDP & ENERGY DEMAND BY SELECT FUEL TYPES 2021, 2030, 2040, 2050 +13% +89% 37 30 25 19 GDP 3 +101% +12% 19 17 14 9 Renewables 35 36 +11% 33 40 Hydrocarbons have significant advantages & are irreplaceable in certain applications: cement, steel, fertilizer, plastics These are materials that are needed for a growing population and a rising standard of living Natural Gas Oil products Note: U.S population in million people. U.S. GDP in trillion USD. Renewables, natural gas, and oil products in quadrillion btu. Source: EIA 2022 Annual Energy Outlook. Population 11
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