PIcking point on KMP, which I am long. They raise their distribution almost every quarter, and indeed raised the distribution 3% form 2nd quarter 08 to third quarter 08. However, the raise from 3rd quarter 07 to 3rd quarter 08 was 16%, which is quite representative of what they have been doing over the last several years. Otherwise, great article.
Midstream MLPs Crashing, Present Opportunity [View article]