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Thursday, November 02, 2006

The MLP index has turned higher now up .25 as Valero LP hits 56 up nearly 2 dollars. Gains are increasing in MLPS and a few more have joined the list of nice fractional gainers like Martin Midstream Partners (MMLP) and Penn Virginia Resources (PVR).

Magellan Midstream Partners(MMP) is down 1 on a Citigroup downgrade. Oneok LP was down 1 but has paired its losses.

Some news I missed earlier. Plains All American (PAA) announces earnings as does Natural Resource Partners which raised estimates in its earnings report.

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