If epd can't survive, no MLP in the sector will survive. It's funny how gold rallied $89 and oil up over $5. Notice you have to used $$$$ to buy these commodities and when you sell them, you recieve $$$$. These $bills look just like the $bills you recieve in distributions from positive cash flow.
Chis Cox has been slow in enforcing current rules on naked short selling. A lot of mismanagement is taking place on wall street along with the government.
People blame a simpleton public for buying real estate but nobody blame the tv programs designed to encourage the public to "Flip this House", "Home make over", "You can be rich like Donald Trump", "Apprentice", etc, etc.
Hey, who needs regulation? Kudlow & Co's, "Free market is the best way to prosperity", right? Boom Bust is the best way to go, right? Steady Eddy is out of fashion these days.
Monkey see, monkey do.
"Bust or Boom"
Have you ever gone to a gambling casino? You play the odds, put your money down and win...or....lose. The problem is at the roulette wheel when the (what ever they call him) puts his foot on the button hidden under the carpet. Wall street has to many buttons and take the fun out of the game.
I think that as long as you use your furnace or air conditioner, drive your auto, and can go to the supermarket and buy groceries, the pipeline companys will survive. If none of this can happen we will not be a country and you won't need money.
An issue for MLP pipelines is the frozen credit markets. Since the MLP structure causes profits to be distributed to us, MLPs can't retain profits to put into future growth projects. They have to go back to the capital markets to fund new construction, etc. If the capital markets are frozen up, MLPs have a hard time sourcing capital to fund growth, and the distributions stops growing. When the capital markets unfreeze, EPD will have a big pop up.