Some lunchtime news as Williams Partners (WPZ) was down before announcing a distribution increase of 2 cents. The stock is now higher on the day. Plains All American is buying up more land for exploration. The stock is up 1 and change.

And what a day so far. The MLP index is up 3.50 and has broken through the 290 level. Lots of 1 point gains in Buckeye, Sunoco Logisitcs, Plains All American, and Calumet Products...and a slew of strong fractional gainers...pretty much across the board. Only found 2 issues down, Holly Partners (HEP) and Oneok LP (OKS)...both down a whopping 1 cent. Whoops...missed Trans Montiagne which is down 30 cents.

Unless we have a monumental shift in the planet...could we be headed for a 4 point up close on the index? Stay tuned!