Good Morning.

Some coportate developments since yesterday afternoon. Pacific Products Partners is selling more shares.

Martin Midstream is buying Prism Gas Systems for 100 million and it will add 10 million EBTDA.

Buckeye Partners sold off yesterday. The only news was a SEC filing of an insider stock sale of 3500 shares by Eric Gufstason. Open market purchases are almost always a good sign...sales are much harder to read. Since does not come at a new low for the stock I would view it as insignificant.

A new tropical storm has formed though this one may eventually be a threat to the US southeast coast down the road.

Crude oil is slightly lower this morning; unleaded gas is higher. On the watch for pre open developments.