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Tuesday, January 09, 2007

Sorry for the late post but blogger has been a mess today. We've been all over the place today...down sharply early and then when oil rebounded from under 54 bucks back to 55 and change we saw some nibbling. Natural gas closed up 25 cents which helped. The MLP index relative to the XOI is doing quite well...down only half a point while the XOI index is down 16 points or 1 1/2%. No real standouts today other than Calumet Products Partners which is down about 1 point and Natural Resource Partners (NRP) which is up 53 cents and Trans Montaigne which is up 50 cents. Everyone else is somewhere in between with more losers than winners.

Overall considering what crude did today and the XOI down as it is...not bad.

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