very true manufacturing is a drag, but ETP is adding pipe capacity, and eventually the economy will pick up. Nat gas is a clean fuel produced in the USA. These factors eventually will lead to a return of higher throughput and will more miles of pipe: more distributable cash.
I just picked up some shares in ETP today. I've done my research and really like the company and the prospects for the future. I love the dividend and the simple and understandable nature of the business. http://www.generationyinvestor.com