It seems to me that between 2000 and 2006 we had low oil / energy prices and that was a very favorable envirinment for mlps. Now the tide has turned and most mlps will be hit with conservation programs from their customers. This will hit the bottom line of most mlps and their share prices will fall as they have and continue to fall going forward. Your thoughts
Overly simplistic argument. Yes, MLPs have varying sensitivity to commodity volumes and prices. Some of the MLPs, especially those with interstate pipes, have effectively fixed fee (capacity reservation) contracts they get paid for no matter how much moves through their system. Some of the MLPs get paid for storage or terminalling services. Do you have a more specific point to make?