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Thursday, June 18, 2009

A little weaker at the open for MLPS but the index has now turned higher by 60 cents as we make our way back to 220 or better. Dow is higher by 50. Nat gas a little lower ahead of weekly inventory numbers.

Sunoco Logistics (SXL) Plains All American (PAA) and Nustar (NS) lead the way with nice fractional upside moves so far today. E V Partners (EVEP) is down 50 cents and is the leading loser on the list for now.

Gasbags are blowing in Washington right now with Chris Dodd and his fabulous hair leading the glorious way.

1 comment:

Unknown said...

I love the reference to gas bags. How did we ever get to the point that every aspect of our lives had to be controlled by the federal government. I think the surpluses in NG are good, because its going to be easier to make the case that this is the fuel we need to be using.