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Tuesday, July 18, 2006

Good Tuesday Morning! Nothing has blown up overnight but crude is back up this morning and MLPS open higher for the most part. The AMZ MLP INDEX is up 70 cents as it nears the 250 level again. We have a nice string of fractional gains with Buckeye Partners, Kinder Morgan Partners, Magellan Midstream, and Plains All American all up 25 cents or more at least to start. Nothing on the corporate front this morning and no upgrades or downgrades to speak of so we'll be on watch this morning for any developments.

Crosstex (XTXI) jumped 2 dollars this morning on a surge of volume at the open but no news there. Distribution announcements for this company and many more are due soon. News will be passed along as it developes.

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