<SUBMISSION>
<ACCESSION-NUMBER>0001181431-07-031205
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20070507
<FILING-DATE>20070509
<DATE-OF-FILING-DATE-CHANGE>20070509
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>Energy Transfer Equity, L.P.
<CIK>0001276187
<ASSIGNED-SIC>4922
<IRS-NUMBER>300108820
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0831
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>2828 WOODSIDE STREET
<CITY>DALLAS
<STATE>TX
<ZIP>75204
<PHONE>2149810700
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2828 WOODSIDE STREET
<CITY>DALLAS
<STATE>TX
<ZIP>75204
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>LAGRANGE ENERGY LP
<DATE-CHANGED>20040113
</FORMER-COMPANY>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>HERSH KENNETH A
<CIK>0001032659
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-32740
<FILM-NUMBER>07834081
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>C/O NATURAL GAS PARTNERS LP
<STREET2>777 MAIN STREET SUITE 2700
<CITY>FORT WORTH
<STATE>TX
<ZIP>76102
<PHONE>8173389235
</BUSINESS-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd157964.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-05-07</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001276187</issuerCik>
        <issuerName>Energy Transfer Equity, L.P.</issuerName>
        <issuerTradingSymbol>ETE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001032659</rptOwnerCik>
            <rptOwnerName>HERSH KENNETH A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2828 WOODSIDE STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75204</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Units</value>
            </securityTitle>
            <transactionDate>
                <value>2007-05-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3336840</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>17633985</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Natural Gas Partners VI, L.P.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Units</value>
            </securityTitle>
            <transactionDate>
                <value>2007-05-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>17202745</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>42.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>431240</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Natural Gas Partners VI, L.P.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Pro rata distribution from ETC Holdings, L.P., of which Natural Gas Partners VI, L.P., a limited partnership (&quot;NGP&quot;), is a partner.</footnote>
        <footnote id="F2">Not applicable: pro rata distribution without consideration.</footnote>
        <footnote id="F3">The reported Common Units are owned directly by NGP.  G.F.W. Energy VI L.P. and GFW VI, L.L.C. may be deemed to beneficially own the units owned of record by NGP, by virtue of GFW VI, L.L.C. being the sole general partner of G.F.W. Energy VI L.P.  G.F.W. Energy VI, L.P. is the sole general partner of NGP.   Mr. Hersh is a member of such entity and may also be deemed to share power to vote or to direct the vote and to dispose or to direct the disposition of, the Common Units held by NGP.  Mr. Hersh disclaims beneficial ownership of the reported Common Units except to the extent of his pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Sonia Aube, Attorney-In-Fact</signatureName>
        <signatureDate>2007-05-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
