We're up nearly 5 points on the mlp index with the dow up 120. Nustar (NS) is the biggest winner today up 1.60 and we have 1 point plus gains in Inergy Holdings (NRGP) Sunoco Logistics (SXL), Kinder Morgan (KMP) Holly Partners (HEP) and Williams Partners (WPZ). And of course we have a whole slew of mlps which are showing strong fractional gains.

Suburban Propane (SPH) one of the few losers on the board down just 30 cents. The only other losers are Captial Products Partners (CPLP) Quest Partners (QELP) and K-Sea (KSP) and all have distribution issues which accounts for this.

Markets are in rally mode in here so no reason that it wont continue this afternoon.