Oil is getting hit hard today as we head back to 60 bucks. Nat gas meanwhile is actually up by a penny. The market is down but the MLP index is only off by about 1 point as relative outperformace continues and there is no sign of any wholesale dumping like we saw so often during the merciless decline from October to March.

Plains All American (PAA) which lately has been holding up well is up nearly 1 point. Inergy Holdings (NRGP) is up a nice fraction as well. Meanwhile Atlas Energy Resource (ATN) is down 1. Linn Energy (LINE) Buckeye Parthers (BPL) are down strong fractions.

10 year auction results due out shortly and that should be the drive this afternoon. Its now or never.