That’s the question on the lips of energy traders this week, as news spread about Icahn’s reportedly robust new stake in the natural gas giant.

Kinder Morgan Inc. (NYSE: KMI) completed its acquisition of El Paso Corp. (NYSE: EP), which was announced in October of 2011. Combining the two companies makes Kinder Morgan the largest midstream and the fourth largest energy company (based on combined enterprise value) in North America.

Oil prices traded at their lowest levels since January, primarily--at least for that day’s price decline--on heftier U.S. crude oil stockpiles, and as news that select European countries were sliding back into recession.

MLPs represent strong investment opportunities even in the midst of a depressed economy.

There wasn’t much good news in either the oil or liquids markets this week, but natural gas prices have continued to rebound on the back of gas-fired power plants displacing coal-fired plants.

The past few months have brought considerable headwinds, including an SEC investigation and shareholder lawsuit, Chesapeake Energy remains confident that its future is bright.