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Thursday, December 07, 2006

Looks like we're backing and filling today in MLP land as most are lower but the index is down about 50 cents. Atlas Pipeline Partners (APL) is a big gainer today up 75 cents to $49. Enterprise (EPD) and Kinder Morgan Partners (KMP) are both up slightly which is what is holding up the index.

Some of the bigger winnners lately are down today like Duke Midstream (DPM) and Plains All American (PAA) which a both down 50 to 75 cents. Ferrellgas (FGP) is a strong fractional loser on earnings today.

Nat gas numbers were bullish and the nat gas market which was down earlier is up by one cent. Weather will not be favorable for nat gas for the next 10 days as much of the country goes above normal once tonights cold blast in the northeast pulls out this weekend.

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