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Crestwood Midstream Partners LP Message Board

bjfcpainc 1 post  |  Last Activity: Oct 13, 2016 7:00 PM Member since: Jan 14, 2008
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  • This CEO has a tin ear and continues to overpay for vessels hoping the sun would come out tomorrow and tanker rates would rise again. This is a long term cycle where there is still an element of vessels being overbuilt and underutilized. What Herb needs to do is stop buying tankers and focus on capacity utilization of the existing tanker force. Every time for the past decade NAT continues to pump itself up followed by the dump.