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Wednesday, September 09, 2009

Plains All American is down 1 on its stock offering. No surprise there. Nustar is down 1 and change. No news but the 8k is out on its Barclays presentation and apparanently there is something there someone doesn't like. Nustar Holdings (NSH) is also down a fraction.

Otherwise after a down open the MLP index despite the drags is up 1 and small change at lunch time. Markwest (MWE), Teppco (TPP) Oneok LP (OKS) and Alliance Resource (ARLP) are up major fractions (50 cents or more). Most mlps are flat to higher at this stage of today's gain.

Energy as a whole continues to lead. Oil is up again and nat gas is making a run back toward the 3 dollar level.

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