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Tuesday, April 11, 2006

The Crosstex's are down again...40 cents on the LP...90 cents on the GP...no news...and there are losers including Holly Partners, Markwest Energy, Calumet Products (although that one has had a nice run) and Atlas Pipeline.

On the winning side Energy Transfer continues to rip higher...over 1 dollar at one point but still up 85 cents...the GP..Energy Transfer Equity is down a dime however. Teppco, Valero LP and Buckeye also showing fractional gains.

Overall market tape has a bad feel to it...lets see how this plays out. 10 year yield backing away from the 5 handle.

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