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It sounds like master limited partnerships will be safe from budget tinkering, as the Obama...

It sounds like master limited partnerships will be safe from budget tinkering, as the Obama administration yesterday called on Congress to approve legislation that would let investors utilize MLPs for renewable energy. The mechanism is now available only to coal, gas and oil projects, and has been instrumental in funding U.S. pipeline construction.
Comments (2)
  • chopchop0
    , contributor
    Comments (4131) | Send Message
     
    Just because Obama is trying to get his green agenda pushed through favorable MLP legislation doesn't mean he won't try and remove the existing benefits for oil/coal etc.
    20 Dec 2012, 10:01 PM Reply Like
  • losbronces
    , contributor
    Comments (794) | Send Message
     
    In my opinion, it is less likely that they will mess around with the MLP structure given this development. I view it in a positive light.

     

    Of course, Obama does like to pick the winners & losers, so as CC0 says we can't know with certainty.
    21 Dec 2012, 12:45 PM Reply Like
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