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Monday, December 08, 2008

Dow up 300 points and at the high of the day and approaching 9000. MLP index up 7 and off the days highs. Oil up 3.50. So everything is moving in the right direction.

Buckeye (BPL,BGH) and Sunoco Logistics (SXL) are all down fractions right now but no news items driving them. Constellation Partners (CEP) and Eagle Rock (EROC) are the other 2 losers today.

DCP Midstream is having a conference call this morning. Poster on the yahoo board indicates that the company may have said something positive about the sustainablilty of the distribution. Maybe the reason why the stock is up nearly 1 this morning. Can't confirm this but will dig around.

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