A little bit of corporate news to share this morning. Energy Transfer partners raises guidance for next year and raises distribution as well....to .525 next quarter. Good news to holders there.

Crosstex says its raised 105 million for its el paso purchase. Its a priviate placement of units that convert to common after the november distribution (they will not recieve the dis)...I like priviate placements!!!!

Hurricane Wilma...the strongest hurricane ever recorded in the Atlantic Basin...which of course is George Bush's fault!

10 year yield at 4.50 is holding....down to 4.42 this morning...bullish for MLPS.