In big news for the energy infrastructure space, Targa Resources Corp. (TRGP) has announced significant new investments in its Permian Basin operations. The announcement includes a new natural gas liquids (NGL) pipeline and incremental natural gas infrastructure. First, Targa is building the new Speedway NGL Pipeline to move NGLs out of the basin. The pipeline will have an initial capacity of 500,000 barrels per day. But future expansions could double the capacity. The pipeline is expected to cost $1.6 bil ...