NGL Energy Partners LP (NGL)

[pete807]

This slide was part of another MLP's slide presentation. They are not directly mentioned either but US Mid stream companies together with big multi-nationals deal with the unpleasant side of plastic beads being the very big by-product of oil... Now more and more our oil since we began exporting crude.

My takeaway is how important a trade deal with China is critical to them as the one very large river seems to be where most of it originates, and manufacturing combined with a lack of system of infrastructure to deal with recyclables is obvious. This slide is a shocking reminder of the true order of things around the globe, since we moved so much manufacturing (of plastic things) to China.