Breitburn Energy Partners LP fka BBEPQ

[flattire69]

After the US crude supply data came out this morning showing a 4.8 million barrel increase last week the price of crude fell 4.5% in less than a hour. It has since stabilized in the mid 35's. Whatever drop we get today in the pps should be close to a bottom for the news today about the over-supply was not good, but with US companies now able to sell their oil to the rest of the world, the US supplies should drop and the oil producers will be able to keep their output the same without creating an oversupply here at home. JMHO