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Tuesday, April 07, 2009

FWIW here is the first of what will be several forecasts of the impending doom that hurricane season will be or in this case won't be. What gets lost on these bozos is that the forecast is about total activity and not about whether the storms will make landfull or not. But no matter; nat gas is in a bear market anyway.

Down 1.44 of the mlp index as of the approaching lunch hour with the dow down about 140. Genesis (GEL) up 60 cents on the distribution boost. EV Partners (EVEP) is up 20 cents among the few small winners. Inergy Holdings (NRGP) is down about 1 point as the biggest loser. Buckeye GP (BGH) Teppco (TPP) Holly Partners (HEP) and Martin Midstream (MMLP) are the leading losers down strong fractions.

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