Kinder Morgan (KMP) is being shot for some reason this morning down 1.30 and that has taken MLPS down on the index by 2.40. Coal and resource mlps continue to take hits like Atlas Energy Resource (ATN) Alliance Resouce Partners (ARLP) Dorchester Minerals LP (DMLP) all showing 1 point plus losses in the early going.

Sunoco Logistics traded up 3 points early but has pulled back..still up just shy of 2 points on good earnings. No big winners yet.

Off our lows now..suddenly less than 2 points. The oil numbers are out and they are bearish apparently for oil. Crude draw but a build in gas and distillite supplies.