Even though the AMZ MLP index is down nearly 1 point it seems to be weighed down by Kinder Morgan Partners as it is offering another 5 millions shares. Now usually when they do an offering they issue a press release. Instead we have this Reuters story that "they are considering the offering" whatever that means. They did file this with the SEC and it is subject to amendment as the note near the top states.

Meanwhile Crosstex LP is now down nearly 1 and Crosstex (XTXI) is down 2 and change. The conference call is coming at 12 noon eastern time to discuss this morning's earnings release so some are taking profits ahead of the call....at least that's my guess. Also out with earnings numbers today...Hiland Energy (HLND) and the market seems to like them as the stock is up a fraction. Here is the full text of the Transmontaigne earnings press release as we only had headlines this morning.

Energy stocks are stronger with the bullish oil numbers from the DOE. Heading into lunchtime. Took new long trading positions today in Crosstex LP and attempting to buy XTXI on any intraday plunge. Pulled off a nice trade yesteday.