The fortunes of the MLPs are intricately dependent upon the administrations polices, especially the tax policies. In almost every speech Obama divides along class and race lines. One executive order could destroy a fortune.
Not Bashing Obama for the sake of bashing. Its very related the growth rate and profitability of ETP. ETP business is moving fossil fuels. Critical infrastructure that is growing to meet increasing domestic production of fossil fuels. Obama and his administration is not supportive of domestic fossil fuels, despite what his lips parrot. If Obama would truly get with the program ETP's business would be that much incrementally stronger.
why are you calling me an idiot? I simply pointed out that Obama continues to throw wrenches in the path of a robust natgas economy, but that it probably doesn't have much to do with the latest short term price action in etp.
Hey dumbo, Do you even have an opinion as to whats effecting recent price action?