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Tuesday, April 04, 2006

Good Tuesday morning.
Energy Transfer Partners signs some long term transportation agreements. We'll see if its a market mover. And that's it this morning on the corporate news side. We have stock futures a little higher this morning...Oil at 66.30 which is down 72 cents. Natural gas, heating oil and gasoline all lower as well. All the end of quarter gyrations should have been worked out by now so its back to some normality (whatever that is). No upgrades or downgrades so far. On that subject yesterday there was a dow jones headline that Goldman had downgraded Valero LP to marketperform from outperform. It was indeed correct. Goldman downgraded VLI; not VLO.

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