The last time crude went way down it DID effect their earnings. I remember listening to the CC. In todays Global world...who knows! They have alot more irons in the fire now.e.g terminals,crude,nat gas etc etc.If you bought shares around the IPO and held, you would be getting average about $1.90 a year in distributions.You are probably looking at 9% average payback per year.I don`t have any at moment, but would buy at $22 if I had another shot at it!
Oil and gasoline will continue to be moved and distributed no matter what the cost per barrel is, so I don't see where it will affect GLP margins. It may even increase usage if the price at the pump falls far enough.