Replies to post #230 on Alon USA Partners, LP (ALDW)

[pete807]

Just heard about this MLP report on CNBC
Things like this make me wonder who doesn't quite understand what they are talking about...
KMI and ENB are NOT MLPs! One was and the other still is the General Partner... associated but a different animal entirely... come on! It's TAX season!
KMI went back to C corp buy buying Their MLP's ... KMP and EPB ...recent history
ENB still is the GP of EEP
http://blogs.barrons.com/incomeinvesting/2015/03/25/mlp-picks-from-mkm-partners/

[jugs]

Were we to become contenders on the global stage, we'd become part of the price-support system. Do we know:

1. the depth of the Saudi vault and determination?
2. The size of US spheres above the knee?

There are some unanswerables, I suspect, any of which could derail the value of a major marketing move. That has me wondering if there is a solution at all? Sometimes human adaptability proves more sustaining than well laid out plans built of logic.

[pete807]

Good post cat... I learned the following:
1.

if you take a 100,000 barrel-a-day sour crude refinery, you can only run 70,000 barrels a day of light sweet. You can do that at the right price signal.

that could support a continued spread AFTER the ban were it lifted. It increases the value of Keystone XL product too. Currently the exchange rate is also large...

2. We know the US refining industry is very diverse and owned by us locals AND lots of foreign interests, corporately and individually. Sheiks and BP's. The two key words in the last sentence are inland refiners. That's mostly where we dwell in our little corner of the market.