MLPS are shining today up 5.50 on the mlp index and we have solid gains across the board on most issues. Nustar (NS) is up 2. Inergy Holdings (NRGP) Oneok (OKS) Buckeye (BPL) Enbridge (EEP) Natural Resource (NRP) Kinder Morgan (KMP) and Energy Transfer Partners (ETP) all up 1 or more. Just a handful of issues are down and outside of Holly Partners (HEP) which is down about 1 point the other losers are down pennies.

Crude oil which was down over 2 dollars has turned higher by about 50 cents which is good to see off the opec news on no additional cuts. Bullish reaction to bad news is a welcomed positive.